India to import 11m mt of crude oil from Nigeria by 2017

Indian state-run oil refiners have indicated interest to increase total crude oil consumption volume next year…

Selling crude oil not best world practice – NNPC GMD

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has said that selling of crude…

Nigeria targets 2.1m bpd crude oil output in Jan – Kachikwu

Minister of State for Petroleum Resources Dr. Emmanuel Ibe Kachikwu yesterday said Nigeria hopes to boost…

‘New crude oil price good for Nigeria but… ‘ 

Director, Centre for Petroleum, Energy, Economics and Law, University of Ibadan, Professor Adeola Adenikinju has said…

$17billion crude oil probe: Reps may be flying a kite

As the House of Representatives begins probe of 20 international oil companies alleged to have colluded…

Crude Oil resumes rise after OPEC cut

Crude Oil prices resumed their rise Thursday and held above the $50 barrier following OPEC’s decision…

Incredible! Nigeria to buy crude oil from Niger Republic

The Nigeria Petroleum Corporation (NNPC) is exploring the possibilities of piping crude oil from Niger Republic…

Incredible! Nigeria to now buy crude oil from Niger Republic

The Nigeria Petroleum Corporation (NNPC) is exploring the possibilities of piping crude oil from Niger Republic…

Incredible! Nigeria to buy crude oil from Niger Republic

The Nigeria Petroleum Corporation (NNPC) is exploring the possibilities of piping crude oil from Niger Republic…

Declining crude oil price delays $200bn worth of projects globally – UAE Minister

As the global demand for crude oil outstripped supply, the United Arab Emirates Energy Minister, Suhail…

Nigeria records increased oil output ahead OPEC production cut talks

OPEC said Friday that it pumped oil at record levels last month even though the cartel…

Nigeria’s crude oil exports to fall in December

Nigeria’s crude oil exports in December are set to fall from the level planned for the…