Tag: CRUDE OIL
Naira-For-Crude Deal Begins Tuesday – Tinubu Panel
The Nigerian National Petroleum Company Limited, NNPCL is set to commence supply of crude in naira to the Dangote Petroleum Refinery is to begin...
Crude Oil: FG May Revoke Unused Oil Well Licences Amid $30bn Loss.
Heineken Lokpobiri, the Minister for Petroleum Resources Oil, has said the federal government would not hesitate to take back oil assets, as only five...
Dwindling Revenue: NESG To FG, Take Decisive Action On Leakages, Crude Oil Theft,...
As Nigerians find themselves in the limbo as government revenue generation dwindles amidst daunting economic and insecurity challenges, the Nigeria Economic Summit Group, NESG,...
Crude Oil: Prices Fall Below $100 a Barrel Ahead Of OPEC+ Meeting
Oil prices fell on Tuesday ahead of the meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+. Brent crude...
PIA: Rising Crude Oil Prices Great Opportunity For Nigeria – Buhari
As crude oil prices continue to rise above $100 per barrel, President Muhammadu Buhari said there is no excuse for Nigeria not to reap...
Bunkery: Commission Solicits Armed Forces’ Support To Tackle Oil Theft
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC has solicited the support of Nigeria’s Armed Forces to tackle the menace of crude oil theft.Chief Executive...
Domestic Crude Oil: Auditor General Accuses NNPC, CBN Of Non-Remittance Of...
The Auditor General of the Federation has queried the Nigeria National Petroleum Corporation, NNPC and the Central Bank of Nigeria (CBN) for not remitting...
Crude Oil: Sylva Says 1bn Barrel Discovered In Northeast
The Minister of State for Petroleum Resources, Timipre Slyva
says about one billion Barrels of Crude oil have been discovered in
Northeastern part of Nigeria.Sylva made...
Crude Oil: Association Says Discovery In Gongola Basin Significant For National...
The Nigerian Association of Petroleum Explorationists, NAPE has lauded the oil discovery in Gongola Basin, saying it is significant to oil and gas industry,...
Crude Oil: Kyari Says Nigeria Committed To OPEC’s Output Pact
The
Group Managing Director of Nigerian National Petroleum Corporation NNPC, Mele
Kyari has reaffirmed Nigeria’s commitment to the oil output cuts agreement
signed by the Organisation of...
Crude Oil: Nigeria Losses $1.3bn In Six Months – Governors
Nigeria lost one point three billion
dollars’ worth of crude oil to theft and pipeline vandalism in the first six
months of 2019.The state Governors who...
Crude Oil: FG To Deliver Four Fids, Tackle Theft—Buhari
The Federal Government says it has plans to deliver
Final Investment Decisions FIDs on at least four key projects within the
nation’s oil and gas industry...
