Brent Crude Oil
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Business
Sell crude to Dangote refinery, FG directs IOCs
The Nigerian Upstream Petroleum Regulatory Commission has said it would mandate international oil companies to supply crude oil to Dangote…
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Business
Labour strike: FG loses N149bn in oil sector
Nigeria may have lost about N148.8bn in oil revenue on Monday as a result of the industrial action embarked upon…
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Business
Oil production rises to 1.7mbpd – NNPC
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, stated that Nigeria’s oil production had…
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Business
Nigeria’s oil output recovers after March dip, says OPEC
Nigeria’s daily oil production showed a promising trend in April, surging up from 1.23 million barrels per day in March…
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Business
FG set to revoke unused oil well licences amid $30bn loss
The Federal Government says it has concluded plans to take over all idle oil wells from operators holding on to…
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Business
FG considers transporting crude oil by trucks amid pipeline vandalism
The Federal Government has implemented a virtual method of evacuating crude oil, utilizing barges and trucks for transporting crude from…
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Business
FG, OPEC at logger heads over Nigeria’s oil production
The Nigerian government and the Organisation of Petroleum Exporting Countries (OPEC) are at logger heads over Nigeria’s average daily crude…
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Business
Crude oil output slumps 7% to 1.3m bpd
Nigeria’s crude oil output, excluding condensate, dropped month-on-month, MoM by seven per cent to 1.3 million barrels per day, bpd…
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