Tag: crude oil
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Dangote Refinery Plans to Import Crude Oil from Libya
The Dangote Refinery in Lagos is in talks with Libya about importing crude oil for its 650,000 barrel-per-day plant as it expands production.
This information...
Nigeria’s gas export declines by 25% due to poor production and withdrawals
Petrol shipments from Nigeria have dropped by 25% to their lowest point in three years, following a comparable decline in crude oil exports from...
Nigeria produced 1.25 million barrels of crude oil per day in May – OPEC
Nigeria produced 1.25 million barrels of crude oil per day on average in May 2024, down from 1.28 million barrels in April.
Compared to the...
NSCDC Special Squad Nabs 9 Suspected Crude Oil Thieves, Dismantles Illegal Bunkering Sites
A Special Intelligence Squad, SIS, of the Commandant General of the Nigeria Security and Civil Defense Corps, NSCDC, Dr Ahmed Audi, has arrested 9...
Oil sells over $80 per barrel amid Iran’s helicopter tragedy and increasing tensions
Following a string of incidents over the weekend, increased geopolitical dangers in Russia and the Middle East came into stark relief, causing oil prices...
