Tag:crude oil

Financial experts urge govt to invest crude oil gains as palliatives

Financial experts have advised the Federal Government to invest the gains from the excess crude oil sales to better the lot of Nigerians. A chartered...

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)...

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UN-Habitat boosts water supply, sanitation in Niger communities

The Niger State Ministry of Water Resources says interventions by the United Nations Human Settlements Programme (UN-Habitat) have significantly improved water...
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Stakeholders seek unified action to accelerate methane abatement in oil and gas sector

Key stakeholders across government, civil society, and industry have called for stronger regulatory coordination and accelerated action on methane...

Unsung heroes: How Shanet Rutgers helps to create a more secure future for African penguins

Shanet Rutgers’ passion for penguins was ignited in early 2000 when her mother took her to the Two Oceans...

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UN-Habitat boosts water supply, sanitation in Niger communities

The Niger State Ministry of Water Resources says interventions...

Stakeholders seek unified action to accelerate methane abatement in oil and gas sector

Key stakeholders across government, civil society, and industry have...