Crude Oil
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Business
Nigeria’s oil production up by 177,000bpd in January
Nigeria inched closer to actualising her oil production output target of 1.8 million barrels per day with about 177, 000…
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News
NNPC: Crude oil production, price benchmark for 2024 budget realistic
Pledges to Maintain Level of Dividends Projected in MTEF The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that…
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News
ExxonMobil pledges 40,000bpd in new Nigerian production
President Bola Tinubu played host to a delegation consisting of the global leadership of an Oil & Gas transnational giant,…
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Business
Crude oil: Nigeria, 6 others drop in production, OPEC report says
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member…
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Business
How reliant is the world on Russia for oil and gas?
The US, UK and EU have announced that they will restrict Russian oil and gas imports. The move came after…
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News
Open letter: Oil belongs to Nigeria, not Niger Delta, Obasanjo counters Clark
Former President Olusegun Obasanjo has clarified that oil found in the Niger Delta region belonged to Nigeria constitutionally. He said…
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Opinion
Oil and the Nigerian Economy: Can We Learn from Norway?
Whether or not Nigeria has utilized its oil wealth in a prudent manner is still a topic for national debate.…
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Business
Oil & gas will still supply over 50% of world energy needs by 2045 – OPEC
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Mohammad Barkindo, says the oil and gas sector…
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Business
Oil prices rise on vaccine hopes, ship explosion at Saudi Arabia
Oil prices rose on Monday, pushing Brent back above $50 a barrel, buoyed by hopes that a rollout of coronavirus…
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Business
Nigerian crude oil export earnings rebound by 116% in November – OPEC
he Organisation of Petroleum Exporting Countries (OPEC), says the Nigerian Crude oil export earnings rebounded by 116 per cent in…