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Tag:crude oil

Nigeria meets OPEC’s crude oil production quota of 1.5m bpd

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production has increased significantly to 1.53 million Barrels Per Day (bpd)...

PETROAN lauds govt’s exportation ban of crude oil allocated to refineries

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the Federal Government for placing a ban on the exportation of crude...

Petrol price hike a reflection of spike in global crude oil prices – Dangote Refinery

Dangote Petroleum Refinery has made a significant and commendable decision to absorb a substantial portion of rising global oil prices, ensuring that Nigerians continue...

Group seeks urgent action on crude oil induced fire outbreak in Rivers community

The Environmental Defenders Network (EDEN) has called for urgent intervention by the relevant authorities to stop the oil spill from a leaking well head...

Crude oil spills in Ogboinbiri community in Bayelsa now a routine, group alerts

The incessant oil spills in Ogboinbiri Community in Southern Ijaw LGA of Bayelsa State has nowbecome a monthly occurrence, with the most recent happening...

NNPC unveils new crude oil grade, begins export to Spain

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the introduction of Utapate crude oil blend, a new oil grade into the international...

Govt orders crude oil sale to Dangote Refinery, others in Naira

The Federal Government has ordered NNPC Limited (NNPCL) to sell crude oil to Dangote and other local refineries in naira. Mr Zacch Adedeji, Chairman, Federal...

Crude oil production, price benchmark for 2024 Budget realistic – NNPC

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget...

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Experts take first step towards GEF-9 replenishment

With less than five years on the clock to meet key international environmental targets, experts gathered this week to...
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Coastal highway: Construction begins in Cross River, Akwa Ibom in March

Construction on Sections 3A and 3B of the Lagos-Calabar Coastal Highway, located in Cross River and Akwa Ibom respectively,...

Five candidates cleared for AfDB presidency race – Committee

The race to lead the African Development Bank (AfDB) has officially begun with the release of the list of...

Must read

Experts take first step towards GEF-9 replenishment

With less than five years on the clock to...

Coastal highway: Construction begins in Cross River, Akwa Ibom in March

Construction on Sections 3A and 3B of the Lagos-Calabar...
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