Oil prices have seen a significant spike, with Brent crude surpassing $90 per barrel, a notable rise from $87, in the wake of escalating tensions between...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said Nigeria’s crude oil reserves increased from 36.96 billion barrels (bb) on January 1, 2023, to 37.50 bb...
The federal government of Nigeria has outlined new regulations that will guide the sale of crude oil to refineries in Nigeria. The government, through the Nigeria...
Nigeria is expected to generate more revenue from crude oil due to the political tension between Russia and Ukraine, and Israel/Hamas. Naija News understands that the...
According to the Organisation of Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production declined for the second consecutive month in March. The country’s daily output dropped...
The Edo Refinery has officially received 15,000 barrels of crude oil from the Oza Oil Field for production. The Chief Executive Officer of Decklar Resources, Sanmi...
The Federal Government has insinuated a new way to move crude oil using virtual means. Naija News understands that the FG will use barges and trucks...
The Joint Task Force (JTF) has reportedly confiscated more than 500,000 litres of Automotive Gas Oil (AGO), commonly known as Diesel, in Rivers State. The operation...
Troops stationed in the South-South region of Nigeria have successfully retrieved stolen crude oil and other related products worth N2.6 billion, as confirmed by the Defence...
The Port Harcourt Refinery in Rivers State has recommenced operation on Wednesday, 20th December. Naija News gathered that the refinery has a combined capacity to produce...
According to market sources and tanker tracking data, the first batch of crude feedstock for Dangote‘s 650,000 b/d refinery has arrived in Nigeria. After years of...
A recent publication by the National Bureau of Statistics (NBS) has shown that Nigeria’s crude oil revenue increased by 83.23 per cent to N8.54 trillion in...
Within the previous week, Operation Delta Safe personnel have reportedly retrieved 578,900 litres of stolen crude oil, 454,330 litres of illegally refined automotive gas oil, and...
Chevron Nigeria Limited has debunked reports that the company has a hand in the raging oil theft in the crude oil-rich region of the Niger Delta....
The Nigerian National Petroleum Company Limited (NNPCL) is faced with a series of challenges in its effort to return the country to one of the top...
The Nigerian Navy has reacted to the allegation of a vessel allegedly carrying stolen crude that Tantita Security Services intercepted. Naija News recalls that on Wednesday,...
Operatives of a private security firm, Tanita Security Services, have intercepted a vessel carrying crude oil suspected to have been stolen in the Koko area of...
A commendable rise in crude oil earnings was recorded in June 2023 due to the recent increase in the output of the product in the country,...
Security Operatives of the Joint Task Force (JTF) Operation Delta Safe, in collaboration with Tantita Security Services Nigeria Limited, have set ablaze an intercepted massive vessel...
The Nigeria National Petroleum Corporation (NNPC) Ltd in a statement on Monday confirmed that a private security contractor engaged by the corporation intercepted a suspicious Vessel...