TheCable

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Consumers paid more to get diesel in May, the Premium Motor Spirit (Petrol) Price Watch and Automotive Gas Oil (Diesel) Price Watch reports released by the National Bureau of Statistics on Tuesday has shown.However, prices of petrol witnessed a slight drop in May compared to April [...]

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Nigeria's crude oil export has been predicted to drop to 1.43 million barrels per day from an average of 1.79 million barrels.This is 900,000 barrels lower than the crude oil production benchmark set in the 2018 budget, which is 2.3 million barrels a day. [...]

Nigeria has signed an agreement with Morocco for the construction of a 5,660km gas pipeline.The agreement was signed on Sunday by President Muhammadu Buhari, who is currently on a working visit to the North African country, and Mohammed VI, king of Morocco. [...]

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Reports made available by the Nigerian National Petroleum Corporation (NNPC) show that Croatia, Benin Republic and Japan have not purchased crude oil from Nigeria since 2015.In the case of Japan, it has not purchased Nigerian crude since 2014. [...]

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Edwin Clark, Ijaw leader and convener of Pan-Niger Delta Forum (PANDEF), says indigenes of the Niger Delta should be prioritised in the award of new oil licences.Clark made the remark at a press briefing in Kiagbodo, Delta state, on Wednesday. [...]

The Foreign Trade in Goods report for the first quarter of 2018 shows that most of Nigeria’s crude was purchased by countries in Europe.The report, which was released by the National Bureau of Statistics on Wednesday, said crude oil accounted for 76.3% of the total exports in that quarter. [...]

The Nigerian National Petroleum Corporation (NNPC) says it cannot honour freedom of information (FOI) requests because it is not a public corporation.Femi Falana, a senior advocate of Nigeria, had written an FOI concerning fuel importation data. [...]

The federal government says the clean-up of affected sites in Ogoniland will begin in August. [...]

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