Tag: oil
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)...
Tanker carrying 1.4m litres of oil capsizes in Philippine
A Philippine tanker carrying 1.4 million litres of industrial fuel oil capsized and sank off Manila on Thursday, July 25, 2024.
The MT Terra Nova...
Refinery: Oil minister meets Dangote, NMDPRA, NNPCL leadership
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri has met with key stakeholders to address and resolve the ongoing issues surrounding the Dangote...
Dangote refinery begins talks with Libya to import oil
In a move to overcome problems with domestic supplies, Dangote Oil Refinery and Petrochemicals has commenced talks with Libya to secure crude oil for...
Oil theft: FG approves $21m contract for 187 flow stations in...
The Federal Government has awarded $21 million contract for the installation of meters in 187 flow stations in the Niger Delta.
The contract was awarded...
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...
Aiteo shuts OML 29 field in Bayelsa over oil spill
Aiteo Eastern Exploration and Production Company (AEEPCO), the operator of the Oil Mining Lease (OML) 29, has announced the closure of its Nembe Oilfields...
Oil, electricity workers begin strike Monday
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has directed its members to comply with the directive of Organised Labour to begin...
Ogun to become oil-producing state as exploration begins
The quest of Ogun State to be an oil-producing state would soon materialise as the Nigerian National Petroleum Company Limited (NNPCL) is set to...
ConocoPhillips to buy Marathon Oil for $22.5bn
Top United States independent oil and gas producer ConocoPhillips has agreed to buy Marathon Oil for $22.5 billion.
This is the latest in a series...
