Oil marketers and domestic refiners have called on the Federal Government to provide comprehensive details about the naira-for-crude oil deal, which was recently announced by the...
It is also sad to note that the Dangote refinery has not produced any duly signed and legally enforceable agreement with any domestic crude oil supplier...
Says output surge buoyed by reforms he announced in May 2024 to address gaps in PIA President Bola Ahmed Tinubu on Sunday declared a resurgence in...
Modupe ASUDO THE Nigerian National Petroleum Company Limited (NNPCL) has announced that contrary to rumors making the rounds that it owes the federal government unpaid accrued...
In a surprising turn of events, Angola has surpassed Nigeria as the leading crude oil producer in Africa. Nigeria, once a dominant force in...
In the midst of uncertain global economic climate and contemplations of fresh sanctions against Moscow, major oil-producing countries, including Saudi Arabia and Russia resolved Sunday...
By Edozie Obasi-Eze The deafening noise about crude oil theft in Nigeria has gotten to a level where no right-thinking person can continue paying a deaf...
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in June...
By Edozie Obasi-Eze The Centre for Promotion of Private Enterprises (CPPE) has projected that barring changes to the situation in Russia and Ukraine, Nigeria’s subsidy...
By Edozie Obasi-Eze Between January and November 2021, Nigeria produced a total of 440.774 million barrels of crude oil which could have helped the country...