Tag: Oil
BREAKING: Tinubu Signs Executive Order On Oil And Gas Reforms
Ngelale said the details of these Policy Directives will be gazetted and communicated by the Federal Ministry of Information and ...
Troops ‘uncover 14 illegal oil refining sites’ in Rivers
While no arrests have been made, Okeke asserts the commitment of the joint operation to prevent the Niger Delta from ...
Ribadu says Nigeria now produces 1.8mbpd of crude oil
In December, Minister Heineken Lokpobiri had stated that production was around 1 million barrels per day, steadily rising to 1.4 ...
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 ...
Nigerian Navy Destroys 3 Illegal Refineries in Bayelsa, Recovers Stolen Crude Oil Products
Nigerian Navy Forward Operating Base FORMOSO destroys three illegal refining sites, recovers 50,000 liters of suspected stolen crude oil products ...
Reps Pledge Collaboration with Military to Combat Oil Theft
House Committee on Oil Theft commits to partnering with the military and security agencies to address crude oil theft Committee ...
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 ...
Nigeria’s Non-Oil Exports Slump to $4.5 Billion in 2023 – NEPC Report
The Nigerian Export Promotion Council (NEPC) reported a decline in non-oil exports from $4.8 billion in 2022 to $4.5 billion ...
Tantita arrests vessel conveying ‘stolen crude’ in Bayelsa
The engineer (Promise Eze) and captain (Adeboye David) of MT Kally, along with accomplices from Bayelsa state oil communities, were ...
Nigeria Set to Surpass 1.7 Million Bpd Oil Production Target by 2024, Affirms Petroleum Minister
Minister Lokpobiri aims for Nigeria to exceed the 2024 crude oil production target of 1.7 million BPD, eyeing two million ...
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