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NIMASA makes case for Nigeria beyond crude oil

NIMASA makes case for Nigeria beyond crude oil

The Nigerian Maritime Administration and Safety Agency (NIMASA) has expressed its readiness to develop policies that will see to a smooth transition from the regime of...

oil thieves

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 wooden boat drifting with 900,000 litres of stolen crude oil and 2,500 litres of illegally...

Maikanti-Baru-NNPC

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 on its Twitter handle on Wednesday, NNPC said the...

Kachikwu

FG begins tracking of crude oil ships

By Omotilewa Quadri The Minister of State for Petroleum Resources, Ibe Kachikwu on Tuesday in Abuja said the Federal Government had started tracking of Nigeria’s crude...

GMD-NNPC-Maikanti-Baru

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 with the 2017 average daily production of 1.86 million barrels. The...

OPEC warns of crude oil glut in 2019

OPEC warns of crude oil glut in 2019

The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday warned that an oil supply glut could emerge in 2019 as the world economy slows and supply from...

OPEC warns of crude oil glut in 2019

OPEC warns of crude oil glut in 2019

    The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday warned that an oil supply glut could emerge in 2019 as the world economy slows and...

NNPC TOWERS 2

NNPC rakes in $470m from crude oil, gas export in August

The Nigerian National Petroleum Corporation (NNPC) has said it earned $470 million from crude oil and gas sold to the international market in August this year. The...

4TH - Agip

$55m crude oil shipment: FG closes case in suit against Agip

The Federal Government on Tuesday closed its case at a Federal High Court Lagos, in a $55 million debt recovery suit it filed against Agip Oil Company Ltd. The suit,...

South Sudan boosts oil output by 70,000 bpd

Japan to resume crude oil imports from Iran

Japan’s Trade Minister, Hiroshige Seko, on Tuesday, said Japanese buyers of Iranian crude oil are expected to prepare to resume imports from the Middle Eastern...

Crude oil dips over global economy outlook

Crude oil dips over global economy outlook

Crude oil prices on Monday fell, as concern over the global economy put crude on track for its biggest monthly fall since mid-2016. Brent crude oil futures were down 34...

Dr. Maikanta Baru

NNPC GMD says Nigerian shipping companies lack capacity to lift crude oil 

Group Managing Director of the Nigerian National Petroleum Corpoation (NNPC), Dr. Maikanta Baru has said that Nigerian shipping companies do not have the capacity to...