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Nigeria’s crude oil output rises by 0.14% in June-OPEC

  The Organisation of the Petroleum Exporting Countries (OPEC) has reported that Nigeria’s crude oil production increased by 5,000 barrels per day or 0.41% from...

How crude oil production reduced in Nigeria,five other countries

  The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member countries, indicating that six...

NNPC records $ 120. 49m crude oil receipt in September

The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020....

Oil price rebounds to $107 per barrel

Nigerian crude oil earnings rebound by 116% in Nov – OPEC

The Organisation of Petroleum Exporting Countries (OPEC), says the Nigerian Crude oil export earnings rebounded by 116 per cent in November against 77 per cent in April...

Emefiele: We must stop dependence on crude oil for revenue, FOREX

  Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has reiterated the need for the country to discontinue with heavy dependence on crude oil to...

NNPC’s unending search for crude oil at Chad Basin

L-R: General Manager, Chad Basin, (NNPC), Mr Mohammed S. Ali, Group General Manager, Frontier Exploration Services, (NNPC), Mr. Abdullahi Bomai, NNPC GMD, Mallam Mele...

Oil price rebounds to $107 per barrel

Senate raises crude oil benchmark to $28 per barrel up from $25

    The senate has raised the price of crude oil from $25 as proposed by the executive to $28 per barrel. The budget benchmark was approved after Solomon...

NNPC

Nigeria posts $434.85m crude oil export sales in January

  … As vandalism of NNPC Pipelines spikes Nigeria recorded crude oil and gas export sale of $434.85million in January, 2020, an increase of 94.30 per cent pitched...

At last, NNPC discovers crude oil in the North

After extensive search which spans several years and billions of naira expended,,the Nigeria National Petroleum Corporation(NNPC) has finally found oil in the northern...