Tag: , ,

Navy destroys 40 illegal refineries in Delta

Military destroys illegal refineries, recovers stolen crude 

  The Defence Headquarters says military men have intensified their aggressive fight against crude oil theft, pipeline vandalism, bunkering, economic saboteurs and...

Military destroys illegal refineries, recovers stolen crude 

Military destroys illegal refineries, recovers stolen crude 

  The Defence Headquarters says military men have intensified their aggressive fight against crude oil theft, pipeline vandalism, bunkering, economic saboteurs and...

Exxon's quarterly profit soar on higher oil prices

Exxon to become Indonesia’s top crude producer – Official

Exxon Mobil Corp, the world’s largest publicly traded international oil and gas company Indonesian unit, is set to become the country’s biggest crude oil...

Crude oil tanker repels pirates in Arabian Sea

Crude oil tanker repels pirates in Arabian Sea

A number of pirate skiffs that surrounded a crude oil tanker in the latest incident reported in the Arabian Sea, were repelled by warning shots fired by the ship’s...

PetroChina signs 2019 crude supply agreements with Saudi, Kuwait

PetroChina signs 2019 crude supply agreements with Saudi, Kuwait

Chinese oil major, PetroChina, on Wednesday signed 2019 annual crude supply deals with state-owned producers Saudi Aramco and Kuwait Petroleum Corp at a public signing...

Equinor discovers more crude in Arctic region

Equinor has found more crude oil near its Johan Castberg field in the Arctic Barents Sea, the company said on Monday. The Skruis exploration well, drilled about 8...

U.S. crude oil shipments to China halts amid trade war

Crude spikes as Iranian oil exports fall

Crude oil prices on Tuesday rose as more evidence emerged that crude exports from Iran, OPEC’s third-largest producer, are declining before the imposition of new U.S....

Petrol still retails at N145 per litre, says PPPRA

Brent crude hits four-year high, near $81

Brent oil soared Monday close to $81, reaching the highest level since November 2014 after OPEC and other global producers snubbed pressure from US President Donald...

Houthi attack

Houthi attack: Saudi halts crude shipment through Bab-el-Mandeb

Top oil exporter Saudi Arabia said on Thursday it was “temporarily halting” all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb after an...

Houthi attack

Houthi attack: Saudi halts crude shipment through Bab-el-Mandeb

  Top oil exporter Saudi Arabia said on Thursday it was “temporarily halting” all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb...

NNPC_MD_Dr_Maikanti_Kacalla_Baru

FG extends crude for oil products swaps till December

The Federal Government has rolled over its crude for oil products swaps contracts by six months until the end of the year. The Group Managing Director of the Nigerian...

South Sudan boosts oil output by 70,000 bpd

U.S. sanctions: Crude buyers seek U.S. waivers to buy Iranian oil

South Korea on Wednesday said it would seek U.S. exemptions to buy Iranian oil, a path many big oil consumers are likely to follow in the wake of new U.S. sanctions on...