SEEPCO laments declining crude oil production in Anambra

According to him, about 11 illegal refineries were discovered in Ogbaru, with over 25 broken points…

Crude oil: OPEC pegs daily basket price at $101.04pb

The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil…

NNPC records crude oil, gas sales of $219.75m in May

…Posts ₦295.72bn from Sale of Petroleum Products The Nigerian National Petroleum Corporation (NNPC) says it recorded…

Oil prices rise as OPEC+ maintains output cuts

    Oil prices extended gains on Thursday, February 4, 2021, as the OPEC+ alliance of…

PIB: Lawan seeks reduced cost of crude oil production

      By Idris Salisu     President of the Senate, Ahmad Lawan, has disclosed…

Improved crude oil prices shoot Nigeria’s external reserve to $36.23bn

    Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars…

NNPC Records $120.49m Crude Oil Receipt in September

The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and…