Traders Doubt OPEC Will Boost Output In 2021
The Organisation of the Petroleum Exporting Countries is unlikely to increase oil output as planned from January next year as it could mean adding more downside pressure to the already bearish and weak market, top traders have...
Oil Firms Spill 3,346 Barrels Of Crude Oil In Eight Months ― Investigation
Oil and gas companies operating in Niger Delta spilled 3,346.94 barrels of crude oil, an equivalent of 532,078 litres, in eight months, from January to August 2020, according to data obtained from...
Oil Rises Slightly To $40, Demand Concerns Persist
Crude oil prices on Wednesday clawed back some of the losses they sustained in the previous session, but a rebound in COVID-19 cases in some countries undermined hopes for a steady recovery in global demand.
The international oil...
Edo Refinery Applies To NNPC For Crude Supply
With the Edo Modular Refinery nearing completion, it has applied to the Nigerian National Petroleum Corporation for the supply of crude for use in the phase one development of the facility.
The ERPC, in a statement by its...
In 13 Months, NNPC Generates $4.6bn From Crude Exports
The Nigerian National Petroleum Corporation on Sunday announced that it made $4.6bn as total crude oil and gas export receipts from June 2019 to June 2020.
It also stated that the total crude oil and gas export...
NPDC Planning 500,000 Barrel Of Crude Oil Per Day – NNPC Boss
Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari, has assured that the Nigeria Petroleum Development Company will scale up its production to 500, 000 barrels of crude oil per day...
