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Reuters: Dangote Refinery Retained 13% of Nigeria’s Crude Exports

According to a new report by Reuters, Dangote Petroleum Refinery retained 13 per cent of Nigeria’s crude oil exports as domestic supply in 2024.

Nigeria Generates N73trn From Oil Export Amid Govt Borrowing

Nigeria Generates N73trn From Oil Export Amid Govt Borrowing   Nigeria’s total crude oil export revenues hit N73 trillion in the 21 months spanning January 2023 to September 2024, data from the National Bureau of Statistics (NBS) for the period has shown. The period also saw a...

Oil Export to Indonesia Hit $3.8bn in 2023

Oil Export to Indonesia Hit $3.8bn in 2023 Nigeria exported crude oil and gas valued at over $3.8bn to Indonesia in 2023, the Indonesian Ambassador to Nigeria, Dr Usra Harahap, has said. Harahap disclosed this on Wednesday in Abuja during a courtesy visit to the Permanent...

Oil Export Revenue Declined By 98% In April – NNPC

Oil Export Revenue Declined By 98% In April – NNPC       The Nigerian National Petroleum Corporation has said crude oil export proceeds plunged by 98 per cent in April, compared to March. The NNPC said in a report that the total revenue from crude oil exports in...

Nigeria’s Crude Oil Exports Hit Three-Year Low

Nigeria’s Crude Oil Exports Hit Three-Year Low       West Africa’s oil exports slumped to the lowest level in at least three years last month as infrastructure woes for some of Nigeria’s biggest streams combined with gradually waning output in Angola. Combined flows from the region fell to...

Oil Export Revenue Drops By 41%

Oil Export Revenue Drops By 41%         Revenue from oil export fell by a whopping 41.44 percent to $2.033 billion in the first nine months of 2020, compared to $3.47 billion received in the corresponding period of 2019, data from the Nigerian National Petroleum Corporation, NNPC,...