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…

NNPC records N104.68bn from crude oil sales in October

The Nigerian National Petroleum Corporation (NNPC) has said it generated a total of N104.68 billion from…