crude oil

Over reliance on crude oil bane of economic devt’ ―NCCN

THE National Competitiveness Council of Nigeria (NCCN), has decried over-reliance on crude oil for government revenue as a bane to…

8 years ago

Crude oil theft: FG develops indigenous biotechnology centre to detect fingerprints

THE Federal Ministry of Science and Technology has developed an indigenous biotechnology centre that has the capacity to detect fingerprints…

8 years ago

Pan Ocean’s AEPP to boost crude exports by 160,000bpd

Pan Ocean’s Amukpe-Escravos Pipeline Project (AEPP) in Delta State, is set to boost Nigeria’s crude oil exports by 160,000 barrels…

8 years ago

NNPC to automate DSDP scheme over international crude oil fraudsters

The Nigerian National Petroleum Corporation (NNPC) has stated that it will soon automate Direct-Sale-Direct-Purchase (DSDP) scheme to curb the activiities…

8 years ago

N11 billion worth missing crude oil: N2 billion recovered from capital oil ―NNPC

The Nigerian National Petroleum Corporation (NNPC) on Wednesday disclosed that the sum of N2 billion was recovered from Capital oil and Gas…

8 years ago

2.2mpd: Inaugurate dialogue team now, PANDEF urges FG

The Pan Niger Delta Forum (PANDEF) has called on the Federal Government (FG) to, in line with its promise, inaugurate…

8 years ago

SEPLAT blames crude oil prices volatility for poor performance

One of the leading independent oil and gas exploration and production company, SEPLAT Petroleum Development Company Plc, has blamed the…

8 years ago

More oil output cuts possible after assessment in July —Saudi

Saudi Arabia’s Energy Minister, Khalid al-Falih, has said further oil output cuts could be needed in the future but that…

8 years ago

Too early for Nigeria, Libya to cut crude oil output —Barkindo

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Mohammed Sanusi Barkindo, has said it is too early…

8 years ago

Despite low crude oil price, Nigerian oil industry remains attractive to foreign investors —DregWaters Boss

Damilola Owolabi is the Chief Executive Officer (CEO) of Dreg Waters Petroleum and Logistics Limited, Nigeria’s foremost indigenous firm dedicated…

8 years ago

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