Nigeria loses 22.6m barrels of crude oil worth $1.3bn in six months 

  Edo state governor, Godwin Obaseki, on Thursday said the Nigerian National Petroleum Corporation (NNPC) reported…

Kenya becomes crude oil exporter

Kenya has joined the league of crude oil exporters in Africa. President Uhuru Kenyatta flagged off…

Nigeria produced 692m barrels of crude oil in 2017 – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) says that 692 million barrels of crude oil were…

Nigeria lost $9 billion in crude oil freight to foreign ships — Bello

The Executive Secretary/CEO of Nigerian Shippers Council (NSC), Mr. Hassan Bello, is at present the longest…

$406.7m crude oil: Court adjourns FG’s suit against Shell 

A Lagos Division of the Federal High Court on Thursday adjourned until June 19, 2019, hearing…

NIMASA makes case for Nigeria beyond crude oil

The Nigerian Maritime Administration and Safety Agency (NIMASA) has expressed its readiness to develop policies that…

How we recovered barge, boat with 900,000 litres of stolen crude oil — Navy 

The Nigerian Navy on Sunday said it recovered a metal barge, MV JOSH 1, and a…

NNPC issues 2019-2020 crude oil swap tender

The Nigerian National Petroleum Corporation (NNPC) has issued its 2019-2020 crude-for-product swap tender. In a post…

FG begins tracking of crude oil ships

By Omotilewa Quadri The Minister of State for Petroleum Resources, Ibe Kachikwu on Tuesday in Abuja…

Nigeria’s daily crude oil production hits 2m barrels 

Nigeria’s crude oil daily production recorded rose by 9% to 2.09 million barrels in 2018, compared…

OPEC warns of crude oil glut in 2019

The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday warned that an oil supply glut…

OPEC warns of crude oil glut in 2019

    The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday warned that an oil…