By Modupe Gbadeyanka The ongoing search for commercial hydrocarbon in the inland sedimentary basins by the Research and Development Division of the Nigerian National Petroleum Corporation...
By Modupe Gbadeyanka Indonesia has indicated interest to purchase more crude oil from Nigeria, signifying the prospects of soaring Nigeria’s market share in Asian emerging economies...
By Dipo Olowookere The volume of crude oil bought from Nigeria by the United States tripled in 2016, latest data from US Energy information Administration has...
By Dipo Olowookere Nigeria has lost its spot as Africa’s top oil producer to Angola, producing 1.651 million barrels per day (bpd) compared with the 1.604...
By Dipo Olowookere Not less than 128 indigenous and international oil and gas companies have indicated interest to participate in the Nigerian National Petroleum Corporation’s (NNPC)...
By Dipo Olowookere In December 2016, Nigeria made not less than $22 million from the sale of Bonny Light crude oil, which was the second highest...
By Modupe Gbadeyanka Following the dismal performance of non–oil mineral revenue in 2016, Nigeria has again turned attention to crude oil to fund the 2017 fiscal...
By Modupe Gbadeyanka Price of crude oil in the international market has moved up by 26 cents to hit $55.61 per barrel on Wednesday. This will...
By Modupe Gbadeyanka The House of Representatives has constituted a committee to probe the N17 billion allegedly stolen from the export of crude oil and liquefied...
By Modupe Gbadeyanka Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Maikanti Baru, has maintained that his agency does not operate a separate...
