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Tag: Crude Oil

Petroleum Subsidy, Others Put Nigeria in Serious Revenue Crisis – Budget Office

Nigeria’s Budget Office has raised an alarm regarding the impending revenue problem

Oil slips below $80 on rising U.S. stockpiles

Oil slipped below $80 a barrel on Thursday as the fourth weekly

Shell, Community Disagree On Impact of Oil Spill

A disagreement in the areas impacted by an oil spill on the

Federal Allocation: Governors Reject NNPC Remittance as Stalemate Continues

The controversy trailing the Federal Accounts Allocation Committee (FAAC) for the last

Oil rises closer to $80

Oil prices on Thursday hit their highest since December, 2014, pushed up

NNPC says did not sell crude to phantom companies

The Nigerian National Petroleum Corporation (NNPC) on Thursday said it had no

Price of oil rises above $65

The closure of the Forties North Sea pipeline has removed substantial amounts

Oil Prices Rise Over Renewed Fears of Iran Sanctions, Iraq Conflict

Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions

China Sept. crude oil, gas imports jump ahead of winter fuel demand

China’s September crude oil imports climbed to the second highest level on

Nigeria has earned N 118 trillion from crude oil – Stats Bureau

The National Bureau of Statistics (NBS) has revealed that Nigeria has made

Nigeria realises N118trn in 53 years from crude – NBS

The National Bureau of Statistics (NBS) says Nigeria has realised more than

Ex PPMC boss to forfeit nine Dubai properties over $24bn crude oil fraud

The Economic and Financial Crimes Commission, has obtained an interim of forfeiture

Oil prices rise toward $56 as demand outlook brightens

Oil prices were lower on Friday but on course for weekly gains,

Crude won’t be an income resource in 10 years – Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the

Pipeline vandalism: Nigeria defers 700,000 barrels of crude in 2016, says NNPC

The NNPC said about 700,000 barrels per day (bpd) of crude oil

Petroleum Minister, Ibe Kachikwu Promises To Resign

The Petroleum Minister, Ibe Kachikwu has promised to resign from office if

Crude Oil: Reps to probe pre-shipment inspection process

The House of Representatives said it would investigate alleged violation of Public

USA v Iran: How Nigeria Might Benefit from Iran’s Woes

Prices of crude oil rose to $57.095 per barrel on Friday, February

Oil prices jump as OPEC cuts output, dollar sinks

Oil prices rose more than one per cent on Tuesday after news

Scientist disagrees with Shell on impact of oil leak on Bayelsa communities

An Environmental Scientist, Ms Benita Siloko, has disagreed with Shell Petroleum Development

2017 Budget: $42 crude oil benchmark will create room for savings in ECA -Commission

The Fiscal Responsibility Commission (FRC) stated on Tuesday that leaving the crude

China sets first crude 2017 import quotas at 68.8 mln tonnes for non-state companies

China has issued the first batch of crude oil import quotas for

N5.2bn Crude Oil Fraud: Lawyers, NGO want EFCC to prosecute suspects

An NGO, the Legion of Aggrieved Nigerians Against Crime (LANAC) and some

NNPC names 39 crude oil off-takers for 2017/2018

The Nigerian National Petroleum Corporation (NNPC) on Wednesday released names of 39

Federal Government Reports Oil Discovery in Borno

The recent oil exploration activities initiated by the Federal Government in the

EXPOSED: The Satanic Collaboration Between NNPC And NPDC In Crude Oil Lifting – Sen. Dino Melaye

Senator Dino Melaye representing Kogi West in the Senate has in a

Selling crude oil not best world practice — NNPC GMD

Dr Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC),

Oil hits $55.33 high in buying rush after OPEC agreement

Crude roseabove 55 dollars a barrel as rising prospects of a tightening market after

Nigeria to Import Crude Oil from Niger

As militants step up activities to sabotage oil facilities in the Niger

Nigerian crude is not ‘stranded’ – GMD

Dr Maikanti Baru, the Group Managing Director of the Nigerian National Petroleum