Tag: Crude oil
Nigeria Loses N1.29 Trillion Annually to Crude Oil Theft, Says Speaker
House Speaker Tajudeen reveals Nigeria loses N1.29 trillion yearly due to crude oil theft and pipeline vandalism Tajudeen emphasizes the ...
Nigerian Navy Destroys 60 Illegal Refinery Sites in Niger Delta
Nigerian Navy destroyed 60 illegal refinery sites and confiscated 293,900 liters of illegally refined Automotive Gas Oil (AGO) Rear Admiral ...
We’re reversing investment decline in upstream sector—NUPRC
He emphasized that the restoration of investors' confidence and the establishment of stability and predictability in the sector have significantly ...
Port Harcourt Refinery Set to Resume Operations, Receives 475,600 Barrels of Oil
Port Harcourt Refinery to restart operations with 475,000 barrels of crude oil delivery from Shell, emphasizing collaborative efforts NNPC Ltd ...
Crude oil sales take over by CBN illegal — Atiku
Reports had suggested that for purposes of transparency and accountability, the president had ordered the NNPCL to submit receipts for ...
Despite Receiving N1.88trn In 2 Years 9 Oil Producing States’ Debts Skyrocket
Nine oil-producing states in Nigeria received N1.885 trillion over two years from the 13% oil derivation fund but face escalating ...
Dangote Refinery gets 3rd crude supply of 1m barrel
The oil, currently being discharged into the facility, originated from Shell International Trading and Shipping Company Limited (STASCO) Yesterday, the ...
Dangote Refinery Welcomes First Crude Oil Shipment
Dangote refinery celebrates milestone with the arrival of its first crude oil shipment, marking the commencement of operations NNPC's OTIS ...
House of Reps moves to halt huge revenue loss to crude oil theft
The Deputy Speaker stated that oil theft accounts for the loss of over $1 billion which represents a huge percentage ...
Oil Price Trades Above $90 per/B Over Supply Restrictions
Crude oil prices rose to $94.94 per barrel due to supply constraints and increased demand, with WTI trading at $94.42 ...
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