Tag: imo, marketers, nans, oil
NANS gives oil marketers in Imo 24 hours to resume normal operations
The National Association of Nigerian Students (NANS) has given Oil Marketers in Imo State, (owners of fuel stations) 24 hours to commence full dispensing of petroleum...
Nigeria spent N2.3trn on foreign refineries to process oil in 13 months
Foreign refineries processed crude oil valued at N2.39tn between March 2020 and March 2021 to ensure domestic supply of refined petroleum products in...
PIB: We have enough oil in the north-Sultan
Sultan of Sokoto,Saad Abubakar have said that the North has enough oil its belly to cater for its need to end poverty. This statement is coming on the heels of...
Technology, very germane to Nigeria’s competitiveness in oil market – Seplat CEO
Technology will play a key role in ensuring Nigeria stays cost competitive in today’s oil market, Mr. Roger Brown, Chief Executive Officer of Seplat Plc, has said. The...
Oil prices hit two-year high on OPEC+ optimism
By Irina Slav Crude oil prices strengthened further this week hitting their highest level in more than two years, after OPEC+ signaled its growing optimism about...
Serious:Nigeria’s oil revenues slump 98% in April – Report
Times are really hard for Nigeria as the country’s main source of revenue,the Black Gold recorded significant drop in the month of April. The crude oil export...
Oil price jump boosts Nigeria’s earning by N318b monthly
…now $67pb The rise in the price of crude oil in the international market to $67 per barrel has increased the nations earning by N318bn. This is reflected in the...
Oil prices hit 11-month high, trade for $67.23 per barrel
Oil prices on Thursday rose for a fourth straight session to hit $67.23 per barrel, the highest levels in more than 11 months. This was underpinned by monetary...
DS pledges military support for protection of oil, gas assets
…As NNPC loses 200k barrels of oil daily The Chief of Defence Staff, Major General Lucky Irabor, has promised to galvanize the military to provide maximum security for...
Oil prices on the rise back to pre -Covid era
The price of oil has recovered to its pre-pandemic levels having hit an all-time low last year. While demand for oil is still lower than normal, there are hopes...
