The Department of Petroleum Resources (DPR) says most incidents of crude oil theft occur from land terminals. Sarki Auwalu, DPR director, explained the methods used by oil thieves to siphon
Tag "crude oil"
BP, a British oil and gas multinational company, has announced a $5.7 billion loss for the 2020 full year. This is as a result of low oil prices and weakened
The Central Bank of Nigeria (CBN) says Nigeria’s foreign exchange reserves rose from $34.94 billion in November 2020 to $36.23 billion as of January 21, 2021. These figures were provided
Mele Kyari, group managing director of Nigerian National Petroleum Corporation (NNPC), says the corporation is currently focusing on gas production and non-oil businesses. Kyari was speaking at the virtual Gulf
Nigeria has agreed to voluntarily cut its daily crude oil production by 939,000 barrels between January and March. This is
Seplat Petroleum Development Company Plc has signed a crude purchase agreement (CPA) with Waltersmith Petroman Oil Limited. Edith Onwuchekwa, Seplat
Godwin Emefiele, governor of the Central Bank of Nigeria, says the country must end its dependence on crude oil for
After hitting a four year low on Monday, the naira has staged a minor rebound due to a broadly weaker
Oil prices touched their highest level since March on Friday, a day after major producers agreed to ease their oil
Crude oil futures are trading lower on Monday morning as market participants closely watch OPEC members and their allies as
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