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...
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...
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...
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...
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...
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...
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)...
