Tag: Crude oil
Lawmaker threatens to sue whistleblowers over stolen crude
A legal action has been threatened by the Mark Gbillah-led Ad Hoc Committee of the House of Representatives, probing the stolen of 48 million...
Crude oil production soared to 1.3 million barrels per day in...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this in its latest oil production report released on its website on Thursday.
Data from the agency...
Petrol to hit N800/litre when subsidy removed – Marketers
The cost of Premium of Motor Spirit, popularly called petrol experienced volatility over the weekend even as oil marketers have said it would cross...
FG targets 1.8m barrels of crude oil production by May 2023
The Federal Government, on Monday, said it would continue to work hard to meet its Organization of Petroleum Exporting Countries crude oil production quota...
Nigeria working towards 1.8mbpd OPEC Quota by May 2023- Sylva
Nigeria is working towards meeting its Organization of Petroleum Exporting Countries (OPEC) crude oil production quota of 1.8 million bpd by the end of...
Excess Crude Account falls by 89% to $472,513
Nigeria’s excess crude account has dipped by 89 per cent in the last eight years as it increased from $4.1bn in November 2014 to...
Nigeria retains position as Africa’s third-largest crude oil importer
Data from the monthly oil market report (MOMR) from the Organization of Petroleum Exporting Countries (OPEC) released on November 14 said Nigeria has maintained...
Crude oil output rises to 1.014m bpd
Nigeria’s daily crude oil production output, for the first time since July 2022, rose above one million barrelsperdayinOctober2022, the Nigerian Upstream Petroleum Regulatory Commission...
Crude prices soar amidst fall in US stocks
The prices of oil soared, Wednesday, more than 1% after industry data showed a dip in U.S. crude inventories.
This downward slope suggests demand is...
Crude oil revenue soars to N11tn
The latest data from the National Bureau of Statistics’ Foreign Trade Statistics for the second quarter of 2022 has shown that Nigeria’s crude oil...
Sustainable Agriculture as a Pillar of Climate Adaptation in Africa –...
Evelyn Dan Epelle, San Jose, California
ADIS24 - Africa stands at the forefront of climate change impacts, despite its low contribution to greenhouse gas emissions....
