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Tag:crude oil

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...

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...

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New report exposes Europe’s offshore wind infrastructure gaps

Europe’s offshore wind pipeline totals 411 GW across 386 projects, yet infrastructure gaps threaten delivery timelines. The bulk of...
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Green investment key to unlocking Africa’s potential amid climate challenges – Ethiopia’s Planning, Dev’t Minister

Unlocking green investment is vital for Africa, which has been emerging as a land of opportunity and hope for...

Feast of consequences: Why Nigeria should stop eating its ocean future

A dramatic scene unfolded in June 2024 on the shore of Okpoama Community in Brass Local Government Area of...

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New report exposes Europe’s offshore wind infrastructure gaps

Europe’s offshore wind pipeline totals 411 GW across 386...
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