Tag: crude oil
Elumelu to FG: Tell Nigerians those stealing crude oil
The Chairman of the United Bank for Africa (UBA), Tony Elumelu, has asked the Federal Government to disclose the individuals behind the stealing of...
NNPCL unveils Utapate crude oil blend, begins export to Spain
The Nigerian National Petroleum Company Limited (NNPCL) has announced the introduction of Utapate crude oil blend, a new oil grade into the international crude...
Otedola: Crude oil sale to Dangote refinery‘ll save Nigeria more funds
The Chairman of FBN Holdings, Femi Otedola, has commended President Bola Tinubu’s directive to the Nigerian National Petroleum Company Limited (NNPCL) to sell crude...
FG to NNPC: Sell crude oil to Dangote Refinery in Naira
The Federal Government has ordered NNPC Limited (NNPCL) to sell crude oil to Dangote and other local refineries in naira.
Mr Zacch Adedeji, Chairman, Federal...
Nigeria’s crude oil production hits 1.61mbpd
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the nation’s average crude oil daily production rose to 1.61 barrels per day (mbpd)...
Dangote refinery: IOCs frustrating crude purchase
The Dangote Industries Limited (DIL) says the International Oil Companies (IOCs) operating in Nigeria have consistently frustrated the company’s requests for locally produced crude...
NNPCL declares state of emergency on oil production
In a move towards increasing Nigeria’s crude oil production and growing its reserves, the Nigerian National Petroleum Company Limited (NNPCL) has declared a state...
Police arrest trucks with smuggled crude oil in Enugu
Operatives of the Nigeria Police Force attached to the IGP Special Task Force on Petroleum and Illegal Bunkering (IGP-STFPIB) have intercepted and apprehended two...
Navy arrests 13 thieves with 2m litres of crude oil
The officers of the Nigerian Navy have arrested no fewer than 13 suspected crude oil thieves on board Motor Tanker (MT) Sweet Miri off...
Oil theft: Courts order forfeiture of vessels arrested by Navy, Tantita
The Nigerian Police Force has secured the forfeiture of two vessels arrested for illegal oil bunkering.
The vessels are MT Harbour Spirit and MT Kali.
The...
