The Nigerian National Petroleum Company Limited (NNPCL) reported 188 cases of oil theft between August 24 and 30, 2024, with incidents spread across the Niger Delta. Key findings include:1. Illegal Re...
Introduction: - Ogun State Governor Dapo Abiodun praises the Dangote Refinery, highlighting its expected impact on Nigeria's economy and fuel supply.2. Refinery Details: - Dangote Refinery�...
1. Background Information:- The article centers around the Federal Government of Nigeria's efforts to implement crude oil sales to local refineries in naira and the upcoming petrol pricing at Dangote ...
The federal government recently announced that the bidding process for the 2024 oil round has begun. Twelve oil and seven deep offshore blocks from the previous round are for sale.The Nigerian Upstrea...
MRS Oil Plc has announced that it will seek shareholders' permission to remove itself from the Nigerian Exchange Limited.The company filed a notice to the NGX after Tuesday's extraordinary general mee...
According to a recent report, Nigeria lost over N720 billion in revenue in February and March 2024 due to its crude oil production declining month after month.It was also announced that Nigeria missed...
Recent data from the federal government of Nigeria revealed that the nation's oil output rose to 1,426,574 barrels a day in January 2024.If these figures continue to increase, Nigeria will have more f...
The long-awaited refinery has officially begun to Operate in Nigeria, what a big accomplishment by the Nigeria billionaire Aliko Dangote. The refinery begins operation. “Estimated to gen...
DVCF Oil & Gas Plc, a substantial shareholder in waste management and industrial cleaners at The Initiates Plc, has sold off 9,468,900 units of its shareholding worth about N10.131 million.The sal...
Today, Brent crude oil reached $83 per barrel following the meeting of the Organization of Petroleum Exporting Countries (OPEC), as it holds today.At around 7:47 AM, GMT+1, the review of global prices...