Tag: crude oil, exporter, Kenya
Kenya becomes crude oil exporter
Kenya has joined the league of crude oil exporters in Africa. President Uhuru Kenyatta flagged off the maiden oil shipment today at a ceremony in the port of Mombasa,...
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 produced in the country in 2017. NEITI disclosed this...
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 serving maritime agency CEO in Nigeria. In this interview...
Nigeria earned $54.5bn from crude oil, spent $54.6bn to import petroleum products in 2018
Nigeria’s value of petroleum products imports was more than its exports in 2018, according to data released by the Organization of the Petroleum Exporting Countries...
$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 in a debt recovery suit filed by the Federal Government against Shell...
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...
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...
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...
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...
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
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
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...
