Tag:crude oil

Navy dismantles illegal refinery in Rivers, recovers 20,000 litres of stolen crude

The Nigerian Navy has deactivated an illegal refining in Bonny Local Government Area of Rivers State and recovered more than 20,000 litres of suspected...

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...

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Rising oil prices renew coal debate for African SMEs power

African economies are facing mounting pressure from volatile global oil prices linked to the ongoing Gulf conflict, with analysts...
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Navy dismantles illegal refinery in Rivers, recovers 20,000 litres of stolen crude

The Nigerian Navy has deactivated an illegal refining in Bonny Local Government Area of Rivers State and recovered more...

NCF seeks partnership with students to advance environmental conservation

The Director-General of the Nigerian Conservation Foundation (NCF), Dr Joseph Onoja, has called on Nigerian students to partner with...

Must read

Rising oil prices renew coal debate for African SMEs power

African economies are facing mounting pressure from volatile global...

Navy dismantles illegal refinery in Rivers, recovers 20,000 litres of stolen crude

The Nigerian Navy has deactivated an illegal refining in...