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Crude oil supply: NUPRC reads riot Act to producers, refiners

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has vowed to deny export permits for crude oil cargoes intended for domestic refining if oil companies...

NUPRC: Refineries’ demand for crude oil to hit 770,500 bpd in...

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has predicted that local refineries in the country would need an average of 770,500 barrels of crude...

FG targets 3m bpd oil production in 2025

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The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day (bpd) in...

‘N88bn as salaries’: Reps order NUPRC to provide oil production, crude...

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The House of Representatives has directed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to provide details of all oil production, crude sales, and other...

At last, Port Harcourt refinery begins production

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The Port Harcourt Refinery, owned by the Nigerian National Petroleum Company Limited (NNPC Ltd.), has commenced operations after undergoing rehabilitation and modernisation. NNPC spokesman, Olufemi...

Tompolo: I’ve become target for oil thieves

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The Chairman of Tantita Security Services Nigeria Limited (TSSNL), Government Ekpemupolo, well known as Tompolo, says he had stepped on many toes in the...

1.8mbpd crude oil production: Tantita lauds NNPCL, committed to 2mbpd target

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A private security outfit, Tantita Security Services Nigeria Limited (TSSNL), has commended the Nigerian National Petroleum Company Limited (NNPCL) over the nation's crude oil...

NNPCL records 1.8mbpd crude oil production

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The Nigerian National Petroleum Company Limited (NNPCL) says it has achieved 1.8 million barrels per day crude oil production (mbpd) following the continuous dislodgement...

Oil price records over $1 gain after OPEC+ delays output hike

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Oil prices extended gains on Monday, November 4, 2024, rising more than $1 on a decision by OPEC+ to delay by a month plans...

Tinubu assures more stability with naira for crude oil sales

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President Bola Tinubu has commended the implementation committee on the naira-based sales of crude oil and refined products and asked the members to resolve...
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