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Fuel scarcity looms as NARTO directs tanker drivers to withdraw operations from Monday

    Fuel scarcity looms as NARTO directs tanker drivers to withdraw operations from Monday

The Nigerian Association of Road Transport Owners (NARTO) says it has directed all its members to withdraw their petroleum trucks from product-loading activities from Monday, February 19, 2024. The development

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‘We’ve arrested three vessels this year’ — Tompolo vows to intensify fight against crude oil theft

    ‘We’ve arrested three vessels this year’ — Tompolo vows to intensify fight against crude oil theft

Government Ekpemupolo, widely known as Tompolo, has promised to intensify efforts in the fight against the theft of the nation’s crude oil resources. Tompolo is the chairman of Tantita Security

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Troops ‘uncover 14 illegal oil refining sites’ in Rivers

    Troops ‘uncover 14 illegal oil refining sites’ in Rivers

The joint task force of Operation Delta Safe (OPDS) says it has uncovered 14 sites illegally refining crude oil in Rivers. John Okeke, OPDS commander, said the sites were uncovered

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Ribadu says Nigeria now produces 1.8mbpd of crude oil — above 2024 budget benchmark

    Ribadu says Nigeria now produces 1.8mbpd of crude oil — above 2024 budget benchmark

Nuhu Ribadu, national security adviser (NSA), says the country is now producing 1.8 million barrels of crude oil per day — up from about 900,000 barrels. Ribadu said this on

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NNPC: Joint venture with TotalEnergies has achieved zero routine gas flaring

    NNPC: Joint venture with TotalEnergies has achieved zero routine gas flaring

The Nigerian National Petroleum Company (NNPC) Limited and TotalEnergies joint venture (JV) has achieved zero routine gas flare in all

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‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

    ‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

The Central Bank of Nigeria (CBN) has placed limits on the transfer of proceeds from crude exports by international oil

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Report: Dangote refinery ready to export two cargoes of fuel

    Report: Dangote refinery ready to export two cargoes of fuel

Dangote oil refinery has issued Nigeria’s tenders to sell its first two fuel cargoes for export. According to a report

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‘No cause for alarm’ — tanker drivers guarantee distribution of petroleum products

    ‘No cause for alarm’ — tanker drivers guarantee distribution of petroleum products

Petroleum Tanker Drivers (PTD) says there is no shortfall in the distribution of petroleum products across the country. Lucky Osesua,

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Saudi Arabia, petroleum ministry collaborate on LPG adoption in Nigeria

    Saudi Arabia, petroleum ministry collaborate on LPG adoption in Nigeria

Saudi Arabia’s Oil and Sustainability Program (OSP), in collaboration with the ministry of petroleum resources, has launched the national human

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Nigeria’s oil production rises to 1.42m bpd — first since March 2021

    Nigeria’s oil production rises to 1.42m bpd — first since March 2021

Nigeria’s oil production increased to 1,426,574 barrels per day in January 2024. The country’s drilling performance was published in the

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