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Kenya becomes crude oil exporter

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,...

Crude-Oil - exports

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...

Hassan Bello

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...

Crude-Oil - exports

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...

Bonga: Shell to make final investment call in 2019

$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

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...

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