Tag: Crude oil
Most of the stolen crude oil are found in churches and mosques – NNPC boss, Mele Kyari
Government officials, religious leaders, security agencies and even some NNPC staff have been accused of stealing the nation’s crude oil. ...
World Bank: Fuel subsidy puts Nigerian economy at high risk
The World Bank has disclosed that increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could ...
Crude oil theft: We’ve seized N200m worth of petrol products in two weeks – Nigerian navy
Nigerian Navy has disclosed that it has arrested and seized about N200 million worth of petroleum products from theives in ...
FG: P’Harcourt refinery to produce 60,000 barrels/day early 2023
Chief Timipre Sylva, the Minister of State for Petroleum Resources has stated that the April 2023 completion date for the rehabilitation ...
NNPC: We recorded $224m proceeds from crude oil, gas export in August 2021
Nigerian National Petroleum Company (NNPC) Limited has disclosed that it posted $224.29 million from crude oil and gas export proceeds ...
OPEC: Oil will continue to be leading energy source for decades
The Organisation of Petroleum Exporting Countries (OPEC) has stated that crude oil will continue to be the leading source of ...
Senate: NNPC did not remit N3.87trn crude oil proceeds in 2015
The Nigerian National Petroleum Corporation (NNPC) has been slammed by the senate for not remitting N3.87 trillion revenue from domestic ...
NEITI Boss: We don’t know exact quantity of crude oil Nigeria produces
The Executive Secretary of the Nigeria Extractive Industries (NEITI), Ogbonnaya Orji has stated that the exact quantity of crude oil ...
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