Tuesday, April 23, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "crude oil"

Report: NUPRC asks oil producers to meet local supply obligations before exporting

    Report: NUPRC asks oil producers to meet local supply obligations before exporting

The Nigerian Upstream Regulatory Commission (NUPRC) has issued new rules requiring oil producers to sell crude to domestic refineries before attending to foreign demands. The commission, on March 27, had

0 comment Read Full Article

Report: Nigeria struggling to find oil buyers over demand shortfall in Europe

    Report: Nigeria struggling to find oil buyers over demand shortfall in Europe

Nigeria is struggling to find buyers for its crude oil due to a shortfall in demand from Europe, Bloomberg is reporting. According to a report on Friday, strikes in the

0 comment Read Full Article

Crude oil price rises to $87 per barrel — highest since October 2023

    Crude oil price rises to $87 per barrel — highest since October 2023

Crude oil prices, on Monday, increased to a five-month high. Brent crude increased by 0.56 percent to $87.54 a barrel while US West Texas Intermediate (WTI) crude rose 0.79 percent,

0 comment Read Full Article

NUPRC to provide template on domestic crude oil supply to refineries

    NUPRC to provide template on domestic crude oil supply to refineries

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its enforcement committee 48 hours to produce a template for the implementation of domestic crude oil supply obligation (DCSO) in Nigeria.

0 comment Read Full Article

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

0 comment Read Full Article

Nigeria and a future without oil

  Nigeria and a future without oil

One of the climate deals from Cop28 is the agreement among the close to 200 participating countries to transition away

0 comment Read Full Article

OPEC: Nigeria produced 1.33m bpd in December 2023 — highest in Africa

  OPEC: Nigeria produced 1.33m bpd in December 2023 — highest in Africa

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.335 million barrels per

0 comment Read Full Article

Tantita arrests vessel conveying ‘stolen crude’ in Bayelsa

  Tantita arrests vessel conveying ‘stolen crude’ in Bayelsa

Tantita Security Services Limited (TSSL), a private security firm, says it has arrested an ocean-going vessel conveying thousands of metric

0 comment Read Full Article

Dangote Refinery receives fifth crude shipment, sixth to be delivered next week

  Dangote Refinery receives fifth crude shipment, sixth to be delivered next week

The Dangote Oil Refining Company says it has received the fifth crude oil shipment of one million barrels of Bonny

0 comment Read Full Article

Dangote Refinery receives fourth crude oil shipment from NNPC

  Dangote Refinery receives fourth crude oil shipment from NNPC

Dangote Refinery has received the fourth shipment of one million barrels of bonny light crude supplied by Nigeria National Petroleum

0 comment Read Full Article
1 2 3 16
error: Content is protected from copying.