Tag: crude
Burning of vessel containing stolen crude:Environmental and Legal Concerns
By Oyero Olurin On July 11, 2023, Nigerian security operatives set ablaze a vessel carrying 800,000 liters of stolen crude oil. The vessel, MT TURA II, was intercepted...
Where is $2.4bn crude sold in 2015 -Reps demand probe
The House of Representatives on Tuesday launched a probe of a whistleblower`s allegations that 48 million barrels of Bonny Light crude was illegally sold...
NNPC hails Tompolo for illegal crude pipelines discoveries
The Nigerian National Petroleum Company Limited (NNPC Limited) has commended Tantita Security Services, led by former militant commander of the Movement for the...
Dangote Refinery to sell refined crude to FG in Naira – Emefiele
….To buy crude from NNPC in Naira The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says arrangement is being made to enable the Dangote Refinery...
NNPC records 54% increase in trading surplus for November
…Posts crude oil, gas rxport sales of $108.84m The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.43billion for the month of...
Oil prices fall as crude stocks jump
Oil prices edged lower on Friday after the U.S. inventory data showed lacklustre fuel demand in the world’s largest oil consumer while worsening U.S.-China tensions...
