Nigeria regains top crude oil production spot in Africa – OPEC report
The Organisation of the Petroleum Exporting Countries (OPEC) made this known in its Oil Market Report for December…
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Crude oil
NNPC selects 16 consortia for crude for-fuel-swap contract
By Bisola AdeyemoNot less than 16 consortia have been selected by the Nigerian National Petroleum Corporation…
Crude oil price hits $65.85 per barrel after 16th OPEC, Non-OPEC meeting
By Nneka Nwogwugwu
The price of Nigeria’s Bonny Light has risen to $65.85 from $63.50 per barrel in the global…
SPDC restrains 213 barrels of crude from polluting environment — spokesman
The Shell Petroleum Development Company (SPDC), says it restrained 213 barrels of crude oil from polluting Bayelsa…
For Fifth Day, Crude Oil Price Drops
Oil prices fell for a fifth day on Thursday after official data showed a sustained rise in U.S. crude and fuel…
Crude oil production in Nigeria rises to 1.42 million barrels per day
By Nneka Nwogwugwu
Organisation of the Petroleum Exporting Countries (OPEC) in a report has stated that Nigeria…
Rise in crude oil price good for our economy – Minister says
By Bisola Adeyemo
The rising price of crude oil is good for Nigeria as it yields more revenue for the…
FG Reveals Nigeria’s Stand On Increased Crude Oil Price to $60 Per Barrel
By Nneka Nwogwugwu
The Federal Government has revealed what will happen to Nigeria after the increase in petrol…
NNPC discovers crude oil in commercial quantity in Benue
The Nigerian National Petroleum Corporation (NNPC) said it has discovered crude oil in commercial quantity in…
Deregulation will boost investment in refining — Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, says the…
