Category: Oil News
Bad weather disrupts efforts to stop oil spill offshore Mauritius
Aug 7, 2020 The carrier was en route to Brazil from China and held 3,894 tons of low-sulfur fuel oil, 207 tons of diesel and 90 tons of lubricant oil, according to the Environment Ministry. “Due to bad weather and constant...
Read MoreOPEC daily basket oil price closes at $37.18 per barrel
Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $37.18 a barrel on...
Read MoreBuhari to flag off construction of $2.8bn AKK pipeline on June 30
Jun 26, 2020 Barring unforeseen circumstances, President Muhammadu Buhari will on June 30 flag off...
Read MoreOil Prices: OPEC to hold emergency meeting with Russia, others on output cut
The Organization of Petroleum Exporting Countries hasinvited Nigeria and other members of the...
Read MoreFuel scarcity looms as NUPENG hints sit-at-home order from Friday
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has expressed concern over the...
Read MoreNigeria Set for Highest Oil Exports to Europe
OPEC to rollover output cut deal Ejiofor Alike with agency reports Nigeria is set to export...
Read MoreLEKOIL’s Otakikpo field set to increase volume to 20,000 barrels a day
Jun 21, 2019 LEKOIL (AIM: LEK), the Africa focused oil and gas exploration and production company...
Read MoreU.S. surpasses Nigeria in oil exports, slashes imports
Jun 21, 2019 By the editor The US has significantly reduced imports of Nigerian crude oil in the...
Read MoreNNPC assures pipeline fire won’t lead to petrol scarcity
Jun 20, 2019 A serial fire outburst on major petroleum products artery operated by the Nigerian...
Read MoreRenewable Energy Unlikely to Overtake Oil in Decades – Barkindo
By Chineme Okafor Abuja — The Secretary General of the Organisation of Petroleum Exporting...
Read MoreNavy Destroys 50 Illegal Refineries in Delta Creeks
By Chiemelie Ezeobi As part of its continuous fight against crude oil theft and pipeline vandalism...
Read MoreNigeria’s daily oil production now 2.2mb at $22 per barrel production cost
Nigeria’s daily oil production has exceeded the 2.3 million barrel per day benchmark for the 2019...
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Recent Posts
- Bad weather disrupts efforts to stop oil spill offshore Mauritius
- OPEC daily basket oil price closes at $37.18 per barrel
- Buhari to flag off construction of $2.8bn AKK pipeline on June 30
- Oil Prices: OPEC to hold emergency meeting with Russia, others on output cut
- Fuel scarcity looms as NUPENG hints sit-at-home order from Friday