BusinessNews
Nigeria’s oil output rises 0.4% in August
Nigeria’s crude oil and condensate production rose by 0.4 per cent to 1,677,777 barrels per day (bpd)…
Tag: oil
BusinessNews
Nigeria meets 104% of OPEC quota as production soars
Nigeria’s crude oil and condensate production soared to an average of 1,735,398 barrels per day in the…
BusinessNews
Ogun to join oil producing states as exploration commences
The quest of Ogun State to be an oil producing state will soon materialize as the Nigerian…
BusinessNews
Buhari flags off resumption of oil exploration in Chad Basin
President Muhammadu Buhari Tuesday in Abuja flagged off the resumption of physical activities towards the exploration of…
News
Oil theft: NSA inaugurates 11-man special investigative panel
The National Security Adviser, NSA, retired Maj.-Gen. Babagana Monguno, on Tuesday, inaugurated 11 man Special Investigative Panel…
BusinessNews
OPEC: Nigeria’s crude oil production averaged 1.238m bpd in June
The Organisation of the Petroleum Exporting Countries, OPEC, says Nigeria’s crude oil production increased to an average…
BusinessNews
COVID-19 Delta variant clouding world oil demand prospects –OPEC
The Organisation of Petroleum Exporting Countries, OPEC, says world oil demand prospects going into the last quarter…
News
S’Court affirms Rivers govt’s purchase of OML 11, Kidney Island
The Supreme Court has affirmed Rivers State government’s acquisition of 45 per cent equity stake in Oil…
BusinessNews
OPEC+ countries extend oil output cut to July
The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC allies, known as OPEC+ have agreed to extend…
BusinessHealth
OPEC+ countries agree on output reduction
Ministers of the OPEC+ countries agreed in a video conference on Sunday to boost oil prices by…