Connect with us
The Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that under the incumbent government, Nigeria remains committed to adhering to the production quota established...
The Federal Government and Dangote Refinery have finalized an agreement for the supply of 12 million barrels of crude oil to the facility in October. Aliko...
The Chairman of Heir Holdings, Tony Elumelu, has said the federal government knows those behind crude oil theft in Nigeria. Tony Elumelu said oil theft is...
Dangote Refinery has said it was yet to receive the 29 million barrels of crude oil the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it allocated...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted claims by the management of the Dangote Petroleum Refinery that it has not properly enforced the domestic...
The Crude Oil Refiners Association of Nigeria (CORAN) has said its members are yet to buy crude oil in naira in line with federal government’s directive....
The Presidency has said the increase in crude oil output to 1.7 million barrels per day was possible because of President Bola Tinubu’s political will. The...
The House of Representatives has decided to disband the existing ad-hoc Joint Downstream and Midstream Committee that was tasked with examining the importation of contaminated petroleum...
The Arewa Consultative Forum (ACF) has praised President Bola Tinubu for directing the Nigerian National Petroleum Company Limited (NNPC) to sell crude oil to Dangote Petroleum...
Libya’s National Oil Corporation has debunked rumours that it is planning to supply crude oil to any refinery in Nigeria, including the Dangote refinery. Naija News...
Former Nigeria Bar Association (NBA) president, Olisa Agbakoba, has said Nigeria’s crude oil exports have not been tracked by the nation but by International Oil Companies...
A report has indicated that Dangote Refinery is set to import crude oil from Brazil. According to Bloomberg, this would add to the large number of...
The Nigerian National Petroleum Company Limited (NNPCL) has made significant progress in the past week in its efforts to combat the issue of crude oil theft....
The Federal Government has said it is unaware that Dangote Refineries imports its crude oil from the US. The Minister of State for Petroleum Resources (Oil),...
Former Governor of the Central Bank of Nigeria (CBN) and ex-Emir of Kano State, Sanusi Lamido Sanusi II, has said Nigeria cannot afford to continue to...
The Federal Government has said the country has been experiencing low crude oil output due to underinvestment. Naija News reports that the Minister of Budget and...
Nigeria’s Defence Minister, Abubakar Badaru, has revealed why crude oil theft is yet to be checkmated in the Niger Delta region. According to Badaru, the proliferation...
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...