Crude oil

Nigeria’s Non-Oil Exports Grows By 19.59% In H1 2025

Nigeria’s non-oil exports has risen to $3.225 billion in the first half of 2025, a 19.59 percent increase from the $2.696 billion recorded in the same period of 2024. This…

Aug 12, 2025

business

Crude oil, OPEC

NBS Says Petrol Hits N937 Per Litre, Fears It May Soon Reach N1000

The steady increase in petrol prices commenced after the subsidy removal by President Bola Tinubu on May 29, 2023. The National Bureau of Statistics (NBS) has reported that the average…

Jul 3, 2024

business

Crude oil, NBS, NNPC

Dangote Refinery Officially Begins Sale of Disel

Dangote Refinery commenced the supply of petroleum products to the local market on Tuesday, Reuters reported, quoting the Executive Director of the Dangote Group, Devakumar Edwin. The development was also…

Apr 3, 2024

business, national

Crude oil, Dangote

Port Harcourt Refinery Initiates Trial Operations; Supplies to Reach Rivers and 11 Other Locations Shortly

The Nigerian National Petroleum Company Limited has commenced the supply of crude oil for the test-running of the Port Harcourt Refining Company Limited, the NNPCL officials. Oil marketers confirmed the…

Jan 1, 2024

business

Crude oil, NNPCL, Ph

Navy nabs 17 suspects siphoning 15 million liters crude oil

The Nigerian Navy has said that its Forward Operating Base, FOB , IGBOKODA ,Ondo State, arrested 17 suspects in the early hours of Thursday, December 7, 2023, aboard a 77-meter-long…

Dec 9, 2023

Crime

Crude oil, navy, theft

Dangote refinery gets first crude supply

The first crude feedstock for Dangote’s 650,000 b/d refinery has arrived in the country, according to SP Global quoting market sources and tanker tracking data. The analytical firm said the…

Dec 8, 2023

business

Crude oil, Dangote

NSCDC sets stolen crude ablaze in Imo

The Nigeria Security and Civil Defence Corps says it intercepted stolen crude oil from the Ogiata Local Government of Imo State. The NSCDC spokesperson, Babawale Afolabi, in a statement on…

Nov 28, 2023

Crime

Crude oil, Imo state, NSCDC

OPEC – Nigeria pumps 1.35mbpd crude

Nigeria’s crude oil production rose to 1.351 million barrels per day in October 2023, up from the 1.347mbpd that was produced in the preceding month of September. Data released by…

Nov 14, 2023

business

Crude oil, Nigeria, OPEC

Petrol N617: Price may go up again in 45 days, expert warns of bumpy road ahead

Peter Esele is a former President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). With his vast knowledge of the oil industry, Esele speaks on the…

Jul 23, 2023

News

Crude oil, Fx, NNPC, PENGASSAN

Families raise alarm as spill contaminates drinking water in Rivers

Families in Omuobizu, Omkpoba and Mgbere communities of Emohua Local Government Area of Rivers State, have raised the alarm that their underground water has been destroyed by spillage from the…

Jul 20, 2023

News

Crude oil, oil spillage, shell

Nigeria’s Non-Oil Exports Grows By 19.59% In H1 2025

NBS Says Petrol Hits N937 Per Litre, Fears It May Soon Reach N1000

Dangote Refinery Officially Begins Sale of Disel

Port Harcourt Refinery Initiates Trial Operations; Supplies to Reach Rivers and 11 Other Locations Shortly

Navy nabs 17 suspects siphoning 15 million liters crude oil

Dangote refinery gets first crude supply

NSCDC sets stolen crude ablaze in Imo

OPEC – Nigeria pumps 1.35mbpd crude

Petrol N617: Price may go up again in 45 days, expert warns of bumpy road ahead

Families raise alarm as spill contaminates drinking water in Rivers

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