Nigeria retained its position as Africa’s largest crude oil producer in March, according to the latest report released by the Organisation of the Petroleum Exporting Countries (OPEC), despite a slight…
The Federal Government has reaffirmed its commitment to the crude and refined product sales in Naira initiative, declaring it a long-term national policy aimed at strengthening economic sovereignty and reducing…
The crude will be loaded on 9 or 10 April on Greek owner Delta Tankers’ 164,000-dwt Meltemi I (built 2006) The Nigerian National Petroleum Corp (NNPC) Limited has clinched another…
Its crude oil gained compared with $75,74 the previous day, according to OPEC Secretariat calculations. The price of OPEC’s basket of twelve crudes stood at $75,96 a barrel on Tuesday,…
The 650,000 bpd refinery has recently sourced crude from the United States, Angola, and Algeria, among others. The Dangote Refinery and Petrochemical Company is reportedly importing crude oil from international…