In December 2024, Nigeria met the crude oil production quota of the Organization of Petroleum Exporting … Nigeria meets 98.97% of OPEC quota in DecRead more
Oil & Gas
Oil eases on weak economic data
Oil prices eased marginally by one per cent in volatile trade following weak economic news from … Oil eases on weak economic dataRead more
‘BUA refinery not 90% completed’
BUA Group, an industrial conglomerate, has denied claims that its 200,000 barrels per day refinery in … ‘BUA refinery not 90% completed’Read more
Experts weigh in as oil edges higher
Global oil prices inched upward on Tuesday, rebounding slightly from earlier losses as an optimistic market … Experts weigh in as oil edges higherRead more
Oil rises on China’s move to monetary easing for growth
Oil prices climbed by more than one per cent on Monday as top importer China flagged … Oil rises on China’s move to monetary easing for growthRead more
Shell pledges continuous support to indigenous companies
Oil major, Shell has restated commitment to the development of Nigerian companies through contract awards and … Shell pledges continuous support to indigenous companiesRead more
NAE, STAC Marine mark one year partnership, sign ‘Pact for Safety and Environment’
Eni’s subsidiary Nigerian Agip Exploration Limited (NAE) and STAC Marine have celebrated one year of successful … NAE, STAC Marine mark one year partnership, sign ‘Pact for Safety and Environment’Read more
NNPC re-streams Port Harcourt refinery
About five years after it went moribund, the Nigerian National Petroleum Company (NNPC) Ltd has announced … NNPC re-streams Port Harcourt refineryRead more
NNPCL’s, NUPRC’s oil production figures same
The Nigerian National Petroleum Company Limited (NNPCL) has said there is no disparity between its crude … NNPCL’s, NUPRC’s oil production figures sameRead more