crude oil

On FG’s policy of crude oil supply to local refineries

By: Adeola Olanrewaju DURING their meeting in December 2023, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream…

9 months ago

Oil producers urge NNPCL to redirect crude to local refineries amid supply shortage

Oil producers under the aegis of the Independent Petroleum Producers Group (IPPG) have called on the Nigerian National Petroleum Company…

9 months ago

CORAN to chart Nigeria’s path to oil refining leadership

The Crude Oil Refinery-owners Association of Nigeria (CORAN) is poised to position Nigeria as a global leader in oil refining…

9 months ago

Nigeria’s reliance on crude oil, a deadly mistake —Obasanjo

Former Nigeria’s president Olusegun Obasanjo has expressed concern over the country’s continued reliance on crude oil, saying is a deadly…

9 months ago

Oil theft: Nigeria can produce 2.5 million bpd — Expert

The Chief Executive Officer (CEO) of Heirs Energies Limited, Osa Igiehon, has disclosed that Nigeria has the capacity to produce…

9 months ago

NNPC Ltd unveils new crude oil grade, begins export to Spain

THE Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the introduction of Utapate crude oil blend, a new oil…

9 months ago

Senator Musa hails Tinubu’s decision to sell crude oil to local refineries in Naira

The Chairman of the Senate Committee on Finance, Senator Sani Musa, has hailed President Bola Ahmed Tinubu's decision to allow…

9 months ago

FG to save $7.9bn annually from sale of crude oil to Dangote, others

The Federal Government is hoping to save about $7.92 billion annually from the sale of crude oil to the nation’s…

9 months ago

BREAKING: FEC approves sale of Crude oil to Dangote, others in Naira

The Federal Executive Council (FEC), presided over by President Bola Ahmed Tinubu, on Monday, approved the sale of Crude oil…

9 months ago

FG decries NEITI’s report on $46bn stolen crude oil between 2009 to 2020

Federal Government on Thursday expressed grave concern over the Nigeria Extractive Industries Transparency Initiative (NEITI) 2020 Oil and Gas Report…

9 months ago

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