NNPC Partners Halliburton to Search Crude Oil Deposits
Modupe Gbadeyanka By Modupe Gbadeyanka The ongoing search for commercial hydrocarbon in the inland sedimentary basins by the Research and…
Crude oil
Nigeria to Sell More Crude Oil to Indonesia
By Modupe Gbadeyanka Indonesia has indicated interest to purchase more crude oil from Nigeria, signifying the prospects of…
US Triples Imports of Nigerian Crude Oil
Dipo Olowookere By Dipo Olowookere The volume of crude oil bought from Nigeria by the United States tripled in 2016,…
Angola Becomes Africa’s Top Oil Producer, Displaces Nigeria
By Dipo Olowookere Nigeria has lost its spot as Africa’s top oil producer to Angola, producing 1.651 million…
128 Firms Bid for Nigeria’s Crude Import Scheme
By Dipo Olowookere Not less than 128 indigenous and international oil and gas companies have indicated interest to…
Nigeria Rakes $22m from Bonny Light Crude in December
By Dipo Olowookere In December 2016, Nigeria made not less than $22 million from the sale of Bonny…
Nigeria Returns to Crude Oil to Fund Budget
By Modupe Gbadeyanka Following the dismal performance of non–oil mineral revenue in 2016, Nigeria has again turned attention…
Crude Oil Rises to $55.61bp
By Modupe Gbadeyanka Price of crude oil in the international market has moved up by 26 cents to…
Reps Probe $17b Crude Oil Theft
By Modupe Gbadeyanka The House of Representatives has constituted a committee to probe the N17 billion allegedly stolen…
NNPC Not Operating Separate Account—GMD
By Modupe Gbadeyanka Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Maikanti Baru, has maintained…