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Friday, April 25, 2025

Tag:crude oil

Naira-for-Crude and matters arising

Recently, the Federal Executive Council (FEC) directed the full implementation of the Naira-for-Crude policy for local refiners. The Naira-for-Crude policy entails the sale of crude...

Nigeria meets OPEC’s crude oil production quota of 1.5m bpd

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production has increased significantly to 1.53 million Barrels Per Day (bpd)...

PETROAN lauds govt’s exportation ban of crude oil allocated to refineries

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the Federal Government for placing a ban on the exportation of crude...

Petrol price hike a reflection of spike in global crude oil prices – Dangote Refinery

Dangote Petroleum Refinery has made a significant and commendable decision to absorb a substantial portion of rising global oil prices, ensuring that Nigerians continue...

Group seeks urgent action on crude oil induced fire outbreak in Rivers community

The Environmental Defenders Network (EDEN) has called for urgent intervention by the relevant authorities to stop the oil spill from a leaking well head...

Crude oil spills in Ogboinbiri community in Bayelsa now a routine, group alerts

The incessant oil spills in Ogboinbiri Community in Southern Ijaw LGA of Bayelsa State has nowbecome a monthly occurrence, with the most recent happening...

NNPC unveils new crude oil grade, begins export to Spain

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the introduction of Utapate crude oil blend, a new oil grade into the international...

Govt orders crude oil sale to Dangote Refinery, others in Naira

The Federal Government has ordered NNPC Limited (NNPCL) to sell crude oil to Dangote and other local refineries in naira. Mr Zacch Adedeji, Chairman, Federal...

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Delta State partners Xenergi on eco-industrial park development

The government of Delta State has struck a collaboration with petroleum industry solutions provider, Xenergi Limited, to establish a...
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100,000 Istanbul residents spend night outside after 6.2-magnitude earthquake

More than 100,000 Istanbul residents spent the night outside their homes for fear of aftershocks following a 6.2-magnitude earthquake...

UNIDO tasks manufacturers on sustainability practices to minimise ecological footprints

The National Programme Officer, United Nations Industrial Development Organisation (UNIDO), Dr Reuben Bamidele, has charged manufacturers to embrace sustainable...

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Delta State partners Xenergi on eco-industrial park development

The government of Delta State has struck a collaboration...

100,000 Istanbul residents spend night outside after 6.2-magnitude earthquake

More than 100,000 Istanbul residents spent the night outside...