Tag: Crude Oil

In a surprising move, the Nigerian government has reintroduced a controversial fuel subsidy policy that dates back over two decades. ...

Nigeria's average crude oil production dropped to 1.25 million barrels per day (bpd) in May, down from 1.28 million bpd ...

Nigeria's oil export revenue reached a record high of N29 trillion in 2023, marking a significant 37% increase compared to ...

In the intricate world of Nigeria's oil industry, the Federal Government sets sail on a bold expedition, eyeing a formidable ...

Dangote Refinery has reportedly entered into an agreement with Trafigura Group, a United States-based oil trader, to procure two million ...

The Nigerian National Petroleum Company Limited (NNPC) has disclosed the repercussions of the ongoing Russia-Ukraine conflict on Nigerian crude oil ...

The Federal Government of Nigeria witnessed a substantial reduction in its oil revenue target for May 2023, as it dropped ...

Exxon Mobil Corp announced a third-quarter profit of $9.1 billion on Friday, marking a 54% decrease from its record earnings ...

OPEC, the Organization of the Petroleum Exporting Countries, experienced a second consecutive monthly increase in oil production in September, according ...

Nigerian National Petroleum Company, Crude Oil, Refined Petroleum Products, NEITI, Oil and Gas Report, Refineries, Domestic Market, DSDP Scheme, Fuel ...