crude oil

Nigeria risks 20,000bpd as protesters gain entry into Otumara Flow Station in Delta

Nigeria is on the brink of losing 20,000 barrels of crude oil per day as protesters from Ugborodo, Deghele, and…

2 years ago

Crude oil sells for $82.49 per barrel, Wednesday

As the gloomy global manufacturing data attracted attention ahead of an annual meeting of central bankers at Jackson Hole in…

2 years ago

Nigeria to earn more revenue as NNPCL’s oil production rises by 350,000 barrels per day

The hope for an increase in crude oil production has been rekindled as Nigeria's crude oil production is expected to…

2 years ago

Engineering Automation, Emerson seal crude oil development deal

Indigenous oil and gas servicing firm, Engineering Automation Technology Limited, has sealed a partnership deal with Emerson Automation Solutions Limited…

2 years ago

Tompolo’s security outfit intercepts another Togolese vessel laden with stolen crude oil

Operatives of the Tantita Security Services Nigeria Ltd (TSSNL) has intercepted an allegedly stolen vessel laden with suspected crude oil…

2 years ago

Nigeria records 240 incidences of crude oil theft in one week — NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that Nigeria recorded a total of 240 crude oil theft incidents…

2 years ago

Oil theft: NUPRC sets up regulatory framework to address revenue loss

As part of efforts to curb oil theft and illegal financial flows in the country, the Nigerian Upstream Petroleum Regulatory…

2 years ago

How Tantita operatives apprehended vessel with stolen crude oil

As part of an effort to increase Nigeria's wealth and stabilize her oil economy, operatives of the Tantita Security Services…

2 years ago

Crude oil, other prices to drop since COVID-19 pandemic era — World Bank

The World Bank has alerted that global commodity prices are expected to decline this year at the fastest clip since…

2 years ago

Alleged $2.4bn crude revenue scam: Malami bows to pressure, set to provide comprehensive report

The Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami on Thursday finally how to pressure and…

2 years ago

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