The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has extended the 2024 oil block licensing bid round registration by 10 days, according to a statement by […]
Tag: Oil
OPEC: Nigeria’s Oil Output Rises to 1.28 Million Barrels per Day in April 2024
The Organisation of Petroleum Exporting Countries (OPEC) disclosed that Nigeria’s oil output, excluding condensate, increased by 4 per cent to 1.28 million barrels per day […]
EFCC Probes 11 Suspected Oil Thieves and Vessel in Navy’s Custody
The Economic and Financial Crimes Commission (EFCC) has initiated an investigation into 11 individuals suspected of oil theft, along with the vessel MT SAISNIL II, […]
Oil Marketers Begin Lifting Diesel and Aviation Fuel from Dangote Refinery
The Chief Executive Officer/CEO of the Major Energy Marketers Association of Nigeria, MEMAN, Mr. Clement Isong, has confirmed that oil marketers have commenced the lifting […]
Oil Production Plummets: Nigeria Struggles to Meet Quotas Amidst Executive Orders for Industry Overhaul
Nigeria’s crude oil production experienced a 7.94% decline month-on-month, dropping to 1.322 million barrels per day (bpd) in February 2024 from 1.427 million bpd in […]