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crude oil production

Oil and Gas

Dangote refinery to source 24m barrels crude oil from US 

DANGOTE Refinery is set to purchase at least 24 million barrels of United States' (US) crude oil over the...
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Oil and Gas

Nigeria’s budget funding threatened as oil production drops to 1.23mn bpd

THE Nigerian budget funding largely benchmarked on crude oil production is under threat following a drop in the country's...
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Oil and Gas

OPEC’s resolution puts Nigeria’s projected 2024 oil revenue in doubt

THE Organisation of Petroleum Exporting Countries (OPEC) and its allies' resolve to deepen crude oil production cuts will make...
Ehime ALEX -
Oil and Gas

Italian oil firm to sell onshore Nigerian assets to Oando

ENI, an Italian firm, has agreed to divest its onshore Nigerian assets to Oando Plc, an indigenous energy solutions...
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Oil and Gas

Why Petrol consumption dropped by 30% – NNPCL

THE Group Managing Director, Nigerian National Petroleum Company Limited, (NNPCL), Mele Kyari, has said the drop in Nigeria's Premium...
Harrison EDEH -
Oil and Gas

Nigeria’s crude oil output reduces by 40,000bpd

NIGERIA'S crude oil production fell by 40,000 barrels per day (bpd) in July relative to the previous month, reflecting...
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