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Petrobarometer

    Crude oil prices approach $70 amidst US-Iran tension

Crude oil prices approach $70 amidst US-Iran tension

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    NNPC: Nationwide petrol distribution drops by 570m litres in four months

NNPC: Nationwide petrol distribution drops by 570m litres in four months

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    12 years after conception, NLNG gives green light to Train 7 project

12 years after conception, NLNG gives green light to Train 7 project

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    Border closure: Fuel consumption has dropped by 70% in Adamawa, says DPR 

Border closure: Fuel consumption has dropped by 70% in Adamawa, says DPR 

Ibrahim Ciroma, Adamawa state operations controller of the Department of Petroleum Resources (DPR), says the number of trucks entering Adamawa on a daily basis has reduced from 100 to between 30 and 40.   [...]

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    Buhari appoints Sarki Auwalu as DPR director

Buhari appoints Sarki Auwalu as DPR director

President Muhammadu Buhari has approved the appointment of Sarki Auwalu as the substantive director of the Department of Petroleum Resources (DPR).[...]

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    Court orders transfer of oil field from Bayelsa to Rivers

Court orders transfer of oil field from Bayelsa to Rivers

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    Mele Kyari: Nigeria will stop importing fuel by 2023

Mele Kyari: Nigeria will stop importing fuel by 2023

Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation (NNPC), says the country will stop fuel importation by 2023. [...]

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    Nigeria’s Omar emerges secretary-general of African Petroleum Producers’ Organisation

Nigeria’s Omar emerges secretary-general of African Petroleum Producers’ Organisation

Omar Ibrahim, a Nigerian, has emerged secretary-general of the African Petroleum Producers’ Organization (APPO).His appointment was ratified at the extraordinary session of the APPO council of ministers, which held in Abuja, on Thursday.Ibrahim took over from Mahaman Gaya whose tenure ended same day.The Nigerian, with a focus in international energy relations, has served as governor of the Organisation of Oil [...]

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    FG releases list of real owners of oil companies, licences

FG releases list of real owners of oil companies, licences

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    Report: Nembe Creek trunk line was Nigeria’s most vandalised pipeline in 2019

Report: Nembe Creek trunk line was Nigeria’s most vandalised pipeline in 2019

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    Oil prices down as US crude inventories shock markets

Oil prices down as US crude inventories shock markets

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    Timipre Sylva, Mele Kyari to discuss crude theft at NEITI’s policy dialogue

Timipre Sylva, Mele Kyari to discuss crude theft at NEITI’s policy dialogue

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    OPEC’s new production quota may reduce Nigeria’s budget benchmark by 580,000 barrels

OPEC’s new production quota may reduce Nigeria’s budget benchmark by 580,000 barrels

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    Aiteo: We’ve lost 4m barrels of crude oil to theft in 2019

Aiteo: We’ve lost 4m barrels of crude oil to theft in 2019

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    NEITI: FG to publish names of REAL owners of oil companies Dec 12

NEITI: FG to publish names of REAL owners of oil companies Dec 12

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    NEITI, NNPC set up joint committee to resolve outstanding revenue issues

NEITI, NNPC set up joint committee to resolve outstanding revenue issues

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Exchange Rates

January 02, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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