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...
By Edozie Obasi-Eze Global oil prices opened the year strongly with market kicking off on Monday with Brent crude adding 56 cents or 0.72 per...
Modupe ASUDO ABUJA-THE Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $378.42million in June 2020 as against $133.16million...
Precious ADELOLA ABUJA-IN its bid to meet the target of revving up production to 3million barrels per day and unlock gas revenues to the tune of...