Crude Oil

Nigeria’s Crude Oil Output Rises to 1.459 Million Bpd in January, Still Below OPEC Quota

Abuja, Nigeria — Nigeria’s crude oil production increased to 1.459 million barrels…

Nigeria Records N37.7 Trillion In Crude Oil Exports

Nigeria earned N37.73 trillion from crude oil exports in the first nine…

PTI Cautions Africa Against Hastily Abandoning 125bn-Barrel Oil Reserves

The Petroleum Training Institute (PTI), Effurun, has advised African nations against hastily…

Tinubu to commission $400m crude oil export terminal in Rivers

President Bola Ahmed Tinubu will commission the $400 million Otakikpo Onshore Crude…

Nigeria’s Crude Oil Exports Fall by N3.18trn in H1 2025

Nigeria’s crude oil exports dropped by N3.18 trillion in the first half…

Dangote Refinery Cuts Petrol Price Again, Now N835/Litre

The Dangote Petroleum Refinery has announced a further reduction in the gantry…

Refineries Accused of Importing Substandard Crude, PETROAN Warns of Quality Concerns

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has raised…

Naira-for-Crude Deal Faces Uncertainty Amidst Dangote Refinery’s Global Sourcing

The future of the Federal Government's naira-for-crude oil policy hangs in the…

CBN Overhauls Crude Oil Terminal Oversight: New Agent Allocations Announced

In a decisive move to bolster transparency and efficiency within Nigeria’s crucial…

Fuel Prices Set to Rise as Import Costs Spike Amid Dangote Refinery Dispute

Nigerians may soon face higher petrol prices as the landing cost of…