Wednesday, October 5, 2022

Crude Oil

September 28, 2022

Buhari regime plans to clean up 2,196-hectare polluted Ogoni shoreline

Mr Giadom said the remediation of the 2,196-hectare shoreline was the largest cleanup in the world.

September 14, 2022

Senate tasks Buhari regime on cash crop development

Mr Adeola said the diversification was necessary, given the increasing dwindling revenue profile of the nation.

Solomon Adeola,
September 1, 2022

OPEC daily basket price down to $101.04 per barrel

This is compared with 106.41 dollars per barrel recorded on Tuesday, according to OPEC Secretariat calculations as released on Thursday.

August 25, 2022

1,086 oil spills recorded in Bayelsa under Buhari regime: NOSDRA

“Let everybody check his own part and do the right thing. That is what I will advocate. The blame is not just on oil companies,” said NOSDRA director-general.

Oil Spill and President Muhammadu Buhari
August 7, 2022

Experts seek manufacturing boost as Sylva says high crude prices bad for Nigeria 

The Nigeria Economic Summit Group (NESG) published its macroeconomic outlook this week.

June 2, 2022

Nigeria’s oil production quota increased to 1.799mbpd

A Reuters survey showed that Nigeria’s production output averaged 1.42mbpd in May.

Oil rig
May 11, 2022

Ukraine War: India’s imports from Russia rise threefold

Financial Express reported that the increase in imports up to $4.67 billion from a year before, had been attributed to the discounted prices offered by Russian suppliers.

April 12, 2022

Nigeria’s crude oil production dropped in March: OPEC

The drop follows a decrease of 24,000 barrels per day compared to the 1.378 million barrels per day produced on average in February 2022.

April 8, 2022

Oil thieves stole $1.5 billion under Buhari January-March 2022: Kyari

Meanwhile, lawmakers urged Mr Buhari to declare a state of emergency in conveying crude oil and mandated the strict monitoring of pipelines.

November 15, 2021

Insecurity, oil theft, threats to Petroleum Industry Act: Experts

Crude oil theft is a huge threat to actualising the objectives of the Petroleum Industry Act (PIA), experts in the oil and gas sector have said.