The Nigerian National Petroleum Corporation (NNPC) says a total of crude oil and gas export sales of 416.07 million dollars was realised in June, whic...
Oil prices at 4-year high after OPEC rebuffs Trump
Oil prices jumped more than 2 percent to a four-year high on Monday after Saudi Arabia and Russia ruled out any immediate increase in production. The ...
5 ships carrying various products expected at Port Harcourt ports
The Nigerian Ports Authority (NPA) says five ships carrying petroleum products, food and other goods are expected to berth at Port Harcourt port, betw...
Supply Cuts,Strong Demand, Draws Oil Price Closer to Late-2014 Highs
Oil prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts, as well as strong demand, gradually dr...
Speaker Dogara Suggests Permanent Solution to Embarrassing Fuel Scarcity
Turaki Hassan, Abuja: Speaker of the House of Representatives, Hon Yakubu Dogara, has advocated for local refining of crude oil to make fuel available...
NNPC Records $239.10 Million Crude Oil Export Sales
Ndu Ughamadu, Abuja: The Nigerian National Petroleum Corporation, NNPC posted a total crude oil and gas export sale of $239.10Million in the month of ...
Crude Oil & Gas Revenue and Remittances
Ndu Ughamadu, Abuja: Federation Crude Oil and Gas lifting are broadly classified into Equity Export and Domestic. Both categories are lifted and marke...
254 Bids Nigerian Crude Grades, Sector Names Nigeria’s Biggest Buyer
Ndu Ughamadu, Abuja: For the third consecutive year, the gale of transparency and innovation in the marketing and management of Nigeria’s crude oil gr...
NNPC Says It Can Account for Every Barrel of Oil Sold in Nigeria
The Nigerian National Petroleum Corporation (NNPC) has achieved 98 per cent automation of all transactions involving the supply, marketing and sale of...