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Tag:crude oil

Crude oil production, price benchmark for 2024 Budget realistic – NNPC

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget...

3,000 barrels of crude oil lost to Nov. 15 offshore oil spill – NOSDRA

About 3,000 barrels of crude oil were lost to the Nov. 15 oil spill from the offshore Egina Floating Production Storage and Offloading (FPSO)...

How Russia-Ukraine crisis takes toll on Nigeria’s crude, by NNPC

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude...

Nigeria loses 400,000 barrels daily to oil theft – Sylva

The Minister of State for Petroleum Resources, Dr Timipre Sylva, has said that the country loses 400,000 barrels of crude daily via oil theft. Sylva...

Nnimmo Bassey: Okavango and the tragedy of Africa

The quest for profit in a predatory economic system has made it possible for humans to wilfully ignore extractivist crimes unfolding in broad daylight....

Shell’s pipeline spills 276 barrels of crude in April, says report

The 14-inch crude trunk line operated by Shell Petroleum Development Company (SPDC) in the Niger Delta region spilled 276 barrels of crude oil in...

Africa must not drown in crude oil, warns Oilwatch

Following the incidence of the 1,000-tonne oil spill that occurred in the coastal environment of Mauritius, Oilwatch Africa has warned that African leaders must...

NEITI makes clarifications on non-remittance of crude oil proceeds, NLNG dividends

The Nigeria Extractives Industries Transparency Initiative (NEITI) has said that there are misrepresentations and inaccuracies in some sections of the media arising from publications...

Latest news

ACReSAL: Minister lauds World Bank’s $2m disbursement to FCT

The Minister of State, Federal Capital Territory (FCT), Dr Mariya Mahmoud, has commended the World Bank for disbursing $2...
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Tinubu appoints Barikor, Amgbare as heads of NESREA, NDRBDA

President Bola Tinubu has approved the appointment of Dr Innocent Barikor as the Director-General of the National Environmental Standards...

Govt vows to mitigate climate disasters for sustainable development

The Federal Government has vowed to deepen efforts to tackle climate change and its attendant effects to accelerate sustainable...

Must read

ACReSAL: Minister lauds World Bank’s $2m disbursement to FCT

The Minister of State, Federal Capital Territory (FCT), Dr...

Tinubu appoints Barikor, Amgbare as heads of NESREA, NDRBDA

President Bola Tinubu has approved the appointment of Dr...
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