Tag:
Crude
News
Reps Demand Comprehensive Report on Oil Production, Crude Sales
The House of Representatives has directed the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to provide a detailed account of oil production, crude sales, and...
Business
Dangote Refinery Struggles with Naira-Based Crude Sale
The Dangote Petroleum Refinery, one of the largest in Africa, has revealed that the federal government’s ambitious initiative to sell crude oil priced in...
Business
Dangote Refinery Seeks Billions for Crude Oil Imports Amid High Stakes
Aliko Dangote, Africa’s richest man, is in talks with international banks to raise billions of dollars to import crude oil for his refinery. This move...
Business
NNPC Claims Crude Oil Production Hits 1.8 Million BPD in November
The Nigerian National Petroleum Corporation (NNPC) Limited has announced a significant milestone in the country’s crude oil production. According to NNPC, crude oil output reached...
Business
Crude Oil Prices Drop to $73 Per Barrel as Middle East Tensions Ease
Crude oil prices experienced a significant drop on Tuesday, as tensions in the Middle East showed signs of easing. The price of Brent crude...
Business
Dangote Set to Begin Crude Oil Production in 2024
The Dangote Group, one of Nigeria’s largest conglomerates, is gearing up to begin crude oil production by the fourth quarter of 2024. According to a...
Business
NPA Takes Charge of Crude Oil Sales to Dangote Refinery
The Nigerian Ports Authority (NPA) has announced the start of its coordination efforts for the sale of crude oil to Dangote Refinery. This move comes...
Business
NNPC Struggling to Supply Crude to Dangote Refinery Due to Buhari’s Loan Collateral – PENGASSAN
The Nigerian National Petroleum Company Limited (NNPC) is facing significant challenges in supplying crude oil to the Dangote Refinery. This crisis, as explained by...