FG approves 37 new crude evacuation routes as oil rigs rise to 44
Our platforms are transparent, data-driven, and responsive
Tag: Crude Oil
Read More
FG sells ₦219.38 billion worth of crude oil to Dangote in four months
This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which are currently denominated in US dollars.
Dangote must face energy security home truths
Nigeria’s mega-refinery is traversing the world in search of crude for the majority of its needs and may well export large swathes of its products
Nigeria sets sights on 2.7 million bpd production by 2027
Improvements in security around oil production and transportation sites is the main driver behind the rising production
Nigerian govt begins crude oil sales in Naira
The sale in Naira takes effect from 1 October, the Federal Ministry of Finance said.
NNPCL postpones Port Harcourt refinery kick-off sixth time
It was observed that promises made to Nigerians by the Federal Ministry of Petroleum Resources and NNPC about the refinery have continued to witness multiple failures.
FG should reveal those stealing crude with vessels –Elumelu
“How can we be losing over 95 per cent of oil production to thieves? Look at the Bonny Terminal which should be receiving over 200,000 barrels of crude oil daily, instead, it receives less than 3,000 barrels, leading the operator Shell to declare force majeure.
Dangote dispute goes public
Aliko Dangote has even gone public with some of his complaints about the situation.
Reps vow to demand sack of NNPCL CEO, Kyari over Dangote Refinery
We have been seeing many demarketing campaigns to discredit the Dangote Petroleum Refinery, and given the negative impact of this, which has caused panic in the country.
Dangote poised to fulfil gasoline goals
But the commissioning process is ongoing and initial gasoline output may be limited