Tag: crude oil
Stolen crude: Tantita arrests vessel laden with 80,000 litres in Bayelsa
The officers of Tantita Security Services Limited, the private company in the forefront in the fight against oil theft, have again arrested another vessel...
Atiku: CBN’s control of crude oil sales from NNPCL illegal
The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has described as illegal, President Bola Tinubu’s directive to...
Troops recover 5m litres stolen crude oil from thieves
The troops of the Nigerian Army have seized about 5 million litres of stolen crude oil worth billions of naira from oil thieves in...
Oil theft: Navy arrests 23 ships, confiscates N105bn petroleum products
The Nigerian Navy (NN) said its operations against oil theft in 2023 led to the arrest of 23 ships, over 233 suspects, 690 wooden...
Dangote Refinery takes delivery of 1m barrels of crude from NNPCL
Ahead of the commencement of production of refined petroleum products, Dangote Refinery has received an additional one million barrels of bonny light.
The crude was...
NNPCL targets 2m barrels of crude oil daily production in 2024
The newly appointed Board and Management team for the Nigerian National Petroleum Company Ltd (NNPCL) on Monday pledged to produce two million barrels of...
NNPCL: Crude oil production, price benchmark for 2024 budget realistic
The Nigerian National Petroleum Company Limited (NNPCL) has assured that the projections on crude oil production and price benchmark for the 2024 budget were...
Shell supplies 1m barrels of crude oil to Dangote Refinery
Dangote Petroleum Refinery and Petrochemicals plant has purchased one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO).
The...
NNPCL: Russia-Ukraine war affecting Nigeria’s crude oil inflow in markets
The Nigerian National Petroleum Company Limited (NNPCL) says the lingering Russia-Ukraine war has impacted Nigerian crude oil inflow in the international oil market.
The NNPCL...
NNPC/Aiteo launches Nembe crude oil, commences two 950,000 barrels cargoes export
The NNPC/Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade, into the international crude oil market.
The...
