8 d. ago NSCDC Uncovers Five Illegal Oil Dumps, Arrests Seven In Abuja

The Nigeria Security and Civil Defence Corps has uncovered five illicit crude oil dumps in the Jahi/Katampe area of Abuja. This was revealed in a statement issued on Thursday in Abuja by the NSCDC Spokesperson, Afolabi Babawale. Seven people connected to the illicit production and distribution of crude oil were also confirmed to have been […] The post NSCDC Uncovers Five Illegal Oil Dumps, Arrests Seven In Abuja appeared first on Information Nigeria.

Events

9 d. ago NNPC Ltd unveils $60bn investment target, 2m bpd oil production

From Adewale Sanyaolu The Nigerian National Petroleum Company (NNPC) Limited has announced ambitious goals to attract $60 billion in sectoral investment and achieve a daily crude oil production of two million barrels per day (bpd). Group Chief Executive Officer Bayo Ojulari shared these targets at a townhall meeting held at NNPC Towers in Abuja on […] The post NNPC Ltd unveils $60bn investment target, 2m bpd oil production appeared first on The Sun Nigeria.

Politics

9 d. ago NSCDC uncovers five illegal crude oil dumps in Abuja, arrests seven

The Nigeria Security and Civil Defence Corps has uncovered five illegal crude oil dumps in the Jahi/Katampe axis of Abuja. This is contained in a statement issued by the NSCDC Spokesperson, Afolabi Babawale, on Thursday in Abuja. The corps also confirmed the arrest of seven suspects linked to the illegal crude oil production and distribution. Read More

Events

1 week ago Nigeria still Africa’s top crude oil producer despite March output decline –OPEC

From Adanna Nnamani, Abuja Nigeria has retained its status as Africa’s largest crude oil producer, although with a decrease in output for the month of March. This is according to the latest report from the Organisation of the Petroleum Exporting Countries (OPEC). In its monthly report released on Monday, OPEC reported that Nigeria’s oil production […] The post Nigeria still Africa’s top crude oil producer despite March output decline –OPEC appeared first on The Sun Nigeria.

Politics

1 week ago Nigeria remains Africa’s top crude oil producer despite March output decline

From Adanna Nnamani, Abuja Nigeria has retained its status as Africa’s largest crude oil producer, although with a decrease in output for the month of March. This is according to the latest report from the Organisation of the Petroleum Exporting Countries (OPEC). In its monthly report released on Monday, OPEC reported that Nigeria’s oil production […] The post Nigeria remains Africa’s top crude oil producer despite March output decline appeared first on The Sun Nigeria.

Politics

2 w. ago Petrol price, oil imports to drop as FG announces continuation of naira

By Adewale Sanyaolu Hopes of a further drop in fuel price brightened yesterday as the Federal Government announced the continuation of the Naira-for-Crude policy. In a statement, the ministry of finance announced that the decision to sustain the initiative was taken after a meeting of the technical sub-committee on the crude and refined product sales […] The post Petrol price, oil imports to drop as FG announces continuation of naira-for-crude deal appeared first on The Sun Nigeria.

Politics

2 w. ago Crude crash: FG’s 2025 budget jerks again, marketers anticipate price cut

The global crash in crude oil prices has put Nigeria’s 2025 budget under more threat, even as fuel marketers await a possible reduction in the prices of petroleum products. According to experts who spoke with our correspondent, the crude oil crash occasioned by the tariffs imposed on countries by United States President, Donald Trump, has Read More

Events

3 w. ago Heirs Energies advises Congo on 500,000 p/d oil crude production target

Heirs Energies Chief Executive Officer Osayande Igiehon has advised the Republic of Congo on its plan to ramp up crude production to 500,000 barrels per day. Igiehon spoke on African energy leadership at the inaugural Congo Energy & Investment Forum held recently in Brazzaville. Speaking on the themes ‘Energy & Investment Outlook’ and ’Field Development Read More

Politics