Saturday, 16th October 2021
Breaking News:

Crude oil

6 Oct
Nigeria’s daily crude oil production volume appears to have received a boost from improved production from the recently acquired OML 17, by Tony Elumelu, having risen to 50,000 barrels
6 Oct
The effort by the current administration at the Nigerian Maritime Administration and Safety Agency (NIMASA) to drive the paradigm shift from crude oil to the Blue Economy
28 Sep
A Senator representing Lagos East Senatorial District, Adetokunbo Abiru, has tasked revenue-earning agencies of government on improved capacity.
27 Sep
Despite ongoing amnesty and other measures to address crude theft in the Niger-Delta region and over N32 billion paid between January and July on pipeline security and maintenance cost, Nigeria’s production challenges appear unabated...
10 Sep
The Nigerian Export Promotion Council (NEPC) has emphasised the need for Nigerian exporters to deploy effective logistic supply chains to export their products to the international markets.
10 Sep
At a time that the rest of the world is prioritising value-addition, rather than raw materials export, Nigeria and other countries have continued to depend on commodities
12 Aug
Chairman and Chief Executive Officer, NigerCo Nigeria Limited, Yabagi Sani, has said substandard metering infrastructure, haphazard determination of physical volumes
6 Aug
Delta Governor, Ifeanyi Okowa, yesterday, canvassed proper monitoring of Nigeria’s crude oil production to ascertain the correct volume and ensure transparency and accountability
22 Jul
Selling above $75 dollar per barrel earlier this week, Nigeria’s Bonny Light crude yesterday, dropped to $68 per barrel on the backdrop of rising inventory by the American Petroleum Institute
4 Jul
The thorny issue of oil spillage and the debates around it are as old as when Nigeria began crude oil exploration in the Niger Delta region. But it was the 1970 oil spill in Ogoniland, which led to a £26m fine against Shell in Nigeria that eventually put the country in the eye of the…
27 Jun
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has described the country’s gas expansion programme as a highway to economic prosperity and development.
28 Apr
Efforts at stabilising crude oil price may suffer setbacks as the Organisation of Oil Exporting Countries (OPEC) and its allies struggle to manage market volatility following fresh worries


1 day ago
For pushing the frontiers of sports tourism and encouraging people to travel for sporting purposes, especially within their countries and the continent at large
1 day ago
The Presidential Steering Committee (PSC) on COVID-19 has issued a revised international travel protocol into Nigeria, stating that all travelers arriving Nigeria, either vaccinated or unvaccinated...
1 day ago
Gov. Mai Mala Buni of Yobe has approved a minor cabinet reshuffle and announced the creation of a new Ministry of Wealth Creation, Empowerment and Employment Generation.
1 day ago
A skeleton discovered in the ancient Roman city of Herculaneum, destroyed along with nearby Pompeii by Mount Vesuvius' eruption nearly 2,000 years ago, could offer fresh insights into the disaster
1 day ago
The present reality of politics in Nigeria indubitably portrays a system that is under siege by the actions, inactions and reactions of the ageing political drivers of this country in policymaking and implementation. The current crop of leaders during the economy of this country is a paradigmatic shift from what was obtainable in the post-colonial…