Libya’s crude production has fallen by 360,000 barrels per day after armed brigades blockaded pipelines and…
Tag: crude oil
NNPC warns against crude oil transactions in ‘hotel rooms’
The Nigerian National Petroleum Corporation (NNPC) has warned unsuspecting buyers that it does not sell crude…
Nigeria now in post-crude oil era, says Onu
Science and Technology Minister, Dr. Ogbonnaya Onu says the Federal Government has begun preparing for a…
The alternative to crude oil
By Lakin’ Goodluck As the crude oil economy continues to lose its hegemony, there is no better…
Crude oil production stands at 2.35m bpd – NNPC
The Nigerian National Petroleum Corporation (NNPC) said on Monday the nation’s current crude oil production has…
FG to legalize mini refineries, supply them with crude oil
Nigeria will legalise currently outlawed mini refineries in the Niger Delta oil hub by the end…
Court remands three men over illegal possession of crude oil
The Federal High Court, Abuja, on Monday ordered the remand of three men in Kuje Prison,…
Indonesia wants to buy more crude oil from Nigeria, says Envoy
Indonesia, a South East Asia emerging economy, has indicated interest to purchase more crude oil from…
BIMCO: Increased crude oil tanker demolition a positive sign
A total of 1.3 million dwt of crude oil tanker capacity was sent to the scrapyards during the…
Nigeria, U.S. trade hits $1.36b in two months
Nigeria’s trade with the United States (U.S.) rose by 70.44 per cent from $799.93 million in…
Concerns over diversion of proceeds from crude oil export
Recent discovery by the Nigerian senate over diversion of crude of oil export proceeds may have…