As someone who watched the Nigerian oil industry with frustration and hope, the recent news of the Nigerian National Petroleum Company Limited (NNPC) ending its exclusive...
Nigeria’s average daily crude oil production saw a notable increase of 3.4% in August, reaching 1.352 million barrels per day (bpd), according to the latest data...
On Monday, the Organisation of the Petroleum Exporting Countries (OPEC) reported that Nigeria’s average daily crude oil production rose slightly to 1.307 million barrels per day...
The 6 Division of the Nigerian Army has successfully recovered approximately 238,500 litres of stolen crude oil from suspected thieves across Bayelsa, Delta, and Rivers States....
Aradel Holdings Plc has announced a remarkable 36% increase in crude oil production, reaching 13,250 barrels per day in the first quarter of 2024. This growth...
Nigeria’s crude oil production has experienced a decline following the shutdown of oil production in the Nembe oilfields by Aiteo Eastern Exploration and Production Company, the...
In a recent development, major oil companies have raised concerns over the detrimental effects of oil theft and pipeline vandalism on the availability of crude oil...
Nigeria’s newly constructed Dangote refinery is set to purchase millions of barrels of US crude oil over the next year, according to a report by Bloomberg...
According to the latest data from OPEC’s Monthly Oil Market Report (MOMR), released on Thursday, the organization’s crude oil production saw a marginal uptick of 3,000...
The Nigerian Navy, Forward Operating Base (FOB) in Ibaka, Akwa Ibom, has intercepted a suspected oil thief en route to Cameroon with 15,500 litres of suspected...
The Nigerian National Petroleum Company Ltd (NNPCL) has disclosed a concerning surge in crude oil theft incidents, totalling 136 cases between March 16th and 22nd, 2024....
The Human Rights Writers Association of Nigeria (HURIWA) has urged for strong civil society support in combating crude oil theft in the Niger Delta region. This...
Rivers State governor, Nyesom Wike, has blamed the President Muhammadu Buhari administration for not doing enough to address the black soot environmental pollution affecting Port Harcourt....
Records highest price among OPEC countriesThe price of Nigeria’s Bonny Light crude oil reached $67.10 per barrel to emerge the highest priced product among members of...
