Sunday, December 4, 2022
MARKET UPDATE
Advertisement

TheCable

Advertisement
Cable Ads

Tag "crude oil"

FX crisis: Ghana to use gold instead of US dollars to buy oil

    FX crisis: Ghana to use gold instead of US dollars to buy oil

The Ghanaian government says it is making plans to use gold to buy imported oil products amid the country’s forex exchange crisis. Mahamudu Bawumia, vice-president of Ghana, disclosed this in

0 comment Read Full Article

At 972,394 bpd, Nigeria’s oil output drops to record low

    At 972,394 bpd, Nigeria’s oil output drops to record low

More worries for the Nigerian government as crude oil production dropped below the one million mark in August 2022. Checks by TheCable showed that oil output averaged 972,394 barrels per

0 comment Read Full Article

Oil price tops $100 a barrel on possible OPEC+ output cuts

    Oil price tops $100 a barrel on possible OPEC+ output cuts

Oil price rose above $100 a barrel amid talks of output tightening to support prices in the case of a potential Iranian crude deal and the prospect of a drop

0 comment Read Full Article

NNPC to receive N422bn from six IOCs for domestic crude oil sales

    NNPC to receive N422bn from six IOCs for domestic crude oil sales

The Nigerian National Petroleum Company (NNPC) Limited says six international oil companies (IOCs) will remit N442.37 billion in August as proceeds from the sale of domestic crude oil in May

0 comment Read Full Article

Oil prices fall below $100 a barrel ahead of OPEC+ meeting

  Oil prices fall below $100 a barrel ahead of OPEC+ meeting

Oil prices fell on Tuesday ahead of the meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies,

0 comment Read Full Article

INVESTIGATION (I): In Nigeria, refining oil costs more than human lives

  INVESTIGATION (I): In Nigeria, refining oil costs more than human lives

BY GABRIEL OGUNJOBI Rivers and Delta are two of the ten oil-producing states in the Niger Delta region. In many

0 comment Read Full Article

‘It’s an elitist business’ — Mele Kyari seeks special court for oil theft cases 

  ‘It’s an elitist business’ — Mele Kyari seeks special court for oil theft cases 

Mele Kyari, group managing director (GMD) of the Nigerian National Petroleum Company (NNPC) Limited, has called for the speedy establishment

0 comment Read Full Article

Off-spec petrol: Fast-track work on modular refineries to boost local production, CISLAC tells FG

  Off-spec petrol: Fast-track work on modular refineries to boost local production, CISLAC tells FG

The Civil Society Legislative Advocacy Centre (CISLAC), a civil society organisation (CSO), has advised the federal government to speed up

0 comment Read Full Article

Ikeazor: Measures in place to contain SEPCOL’s oil vessel fire

  Ikeazor: Measures in place to contain SEPCOL’s oil vessel fire

Sharon Ikeazor, minister of state for environment, says necessary efforts are being made to ensure the fire incident at Ukpokiti

0 comment Read Full Article

Petrol subsidy to bite harder as oil price rises to $90 per barrel

  Petrol subsidy to bite harder as oil price rises to $90 per barrel

Oil prices rose on Wednesday to $90 a barrel for the first time since October 2014. Over the past months,

0 comment Read Full Article
1 2 3 13