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Monday, April 21, 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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Experts advise NNPC boss on rule of law, industry reform

Oil and gas experts have asked the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Ltd....
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Renewables in 2024: Five key facts behind a record-breaking year

Global renewable energy capacity has reached new heights, demonstrating a remarkable progress in the world's transition to clean, sustainable...

Red Cross Society, EU support 400 flood victims in Anambra

The Nigerian Red Cross Society, in partnership with the European Union, has distributed hygiene and sanitary items to 400...

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Experts advise NNPC boss on rule of law, industry reform

Oil and gas experts have asked the Group Chief...

Renewables in 2024: Five key facts behind a record-breaking year

Global renewable energy capacity has reached new heights, demonstrating...