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Wednesday, December 24, 2025

Tag:crude oil

Crude oil, condensate output drops in September, experts give reasons

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has recorded 1.61 million barrels per day (mbopd) of Crude and condensate production in September, slightly...

Oil leak from OML 29 crude delivery line pollutes Bayelsa communities

An oil spill from an 8-inch crude delivery pipeline at Oil Mining Lease 29 (OML 29) has polluted Nembe communities around the Santa Barbara...

PETAN urges crude output boost for refineries

The Petroleum Technology Association of Nigeria (PETAN) has urged an urgent scale-up in crude oil output to match Nigeria’s growing refining capacity and boost...

Renaissance confirms oil leak, shuts crude feed into facility

The Renaissance Africa Energy Company Limited has confirmed oil leak from its facility in Ikata, Rivers State. Renaissance Africa Energy is a consortium of five...

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...

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Energy firm boosts host communities with N101bn investments

Heritage Energy Operational Services Ltd. (HEOSL) says it committed not less than N101 billion to community development projects across...
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Seplat completes conversion of onshore assets to PIA fiscal regime

Seplat Energy Plc, a Nigerian independent energy company, says its subsidiaries have completed the conversion of their operated onshore...

NNPC reaffirms commitment to peace, responsible energy development in Ogoniland

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd.), Bashir Bayo Ojulari, has reaffirmed the...

Must read

Energy firm boosts host communities with N101bn investments

Heritage Energy Operational Services Ltd. (HEOSL) says it committed...

Seplat completes conversion of onshore assets to PIA fiscal regime

Seplat Energy Plc, a Nigerian independent energy company, says...
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