Recent discovery by the Nigerian senate over diversion of crude of oil export proceeds may have…
Tag: crude oil
People are selling crude oil in Transcorp Hilton, NNPC raises alarm
The Nigerian National Petroleum Corporation (NNPC) has warned the general public to beware of fraudsters who…
Nigerian Navy confiscates N420bn crude oil, 263 boats in 2016
The Chief of the Naval Staff, (CNS) Vice Admiral Ibok-Ete Ibas has presented an operational scorecard…
Nigerian Navy confiscates N420bn crude oil, 263 boats in 2016
The Chief of the Naval Staff, (CNS) Vice Admiral Ibok-Ete Ibas has presented an operational scorecard…
Navy seizes N420bn stolen crude oil, arrests 33 ships
The Nigerian Navy said on Wednesday that it seized 810,725 metric tonnes of stolen crude in…
Russia beats Saudi Arabia as China’s top crude oil supplier
Russia overtook Saudi Arabia in 2016 to became China’s biggest crude oil supplier for the first…
Firm included in crude oil trade denies involvement in subsidy fraud
An oil marketing and trading company listed by the Nigerian National Petroleum Corporation (NNPC) for this…
Firm included in crude oil trade denies involvement in subsidy fraud
An oil marketing and trading company listed by the Nigerian National Petroleum Corporation (NNPC) for this…
Crude oil theft: Shell goes to trial in March
A Federal High Court in Lagos will on March 20 begin trial in a suit filed…
2017 crude oil demand stands at 32.6mb/d – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has said the demand for its crude would slightly…
BIMCO: Fleet growth squeezes crude oil tanker market
The crude oil tanker segment composing of VLCC, suezmax and aframax ships, experienced a net-fleet growth of 7.3%, which…
BIMCO: Fleet growth squeezes crude oil tanker market
The crude oil tanker segment composing of VLCC, suezmax and aframax ships, experienced a net-fleet growth of 7.3%, which…