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Crude oil
$2.4bn Crude Oil Diversion Claim Baseless – AGF, Malami
The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami says the allegation of loss of over 2.4 billion dollars from...
Naval Chief: Some personnel colluding with criminals to steal crude oil
The Chief of Naval Staff (CNS), Vice Admiral Awwal Gambo has hinted that some personnel are colluding with criminal elements to sabotage efforts of...
Oil and gas can no longer sustain Nigeria – Ex-president
Former President Olusegun Obasanjo has said the oil and gas sector can no longer sustain the nation in the face of burgeoning population.
Obasanjo said...
How Crude Oil Thieves Used Technology To Lay Pipelines – Mele Kyari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mallam Mele Kyari, has lamented the spate of oil theft in the...
BREAKING: Nigeria Records Lowest Oil Output at 972,394 bpd
More worries for the Nigerian government as crude oil production dropped below the one million mark in August 2022.
Reports showed that oil output averaged...
SERAP Sues Buhari For Spending N1.48 Trillion On Maintaining Refineries With No Crude Oil
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari “over his failure to probe allegations that over N1.48 trillion...
NNPC Confirms $224.29m Receipt From Crude Oil Export in August
The Nigerian National Petroleum Company (NNPC) Limited has disclosed that it received $224.29 million from crude oil and gas export in August 2021 as...
Navy Recovers 3m Litres of Crude Oil, Arrests 13 Pipeline Vandals
Troops of the Nigerian Navy Ship (NNS) Pathfinder have arrested 13 persons suspected to be pipeline vandals and recovered about three million litres of...
Crude Oil Price Tops $93 a Barrel, Highest in Seven Years
Crude oil prices spiked above $93 a barrel on Friday, the highest since October 1, 2014.
Brent crude futures, the global oil benchmark, rose more...
BREAKING: Oil prices fall 4% amid surge in Omicron variant
Crude oil prices fell by 4 percent on Monday over rising cases of the Omicron coronavirus variant in Europe and the United States.
Brent crude...
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