India, Netherlands spend N1.7trn on Nigerian crude oil in 3 months
Three countries, India, The Netherlands, and the United States of America, USA emerged the highest importers of Nigerian crude oil grades, spending N1.71 trillion in the first quarter of 2018, Q1’18
Crude oil allocation follows strict process, NNPC warns Nigerians
The Nigerian National Petroleum Corporation, NNPC, Sunday, disclosed that its crude oil allocation programme follows strict procedures, processes and standards, while it warned unsuspecting members of the public against the activities of scammers.
Crude oil output increased mostly in Libya, Nigeria, Saudi Arabia – OPEC
Crude oil production by OPEC members increased slightly in July, including Saudi Arabia, which had championed efforts by the oil cartel and allies to extend an output freeze.
Nigeria’s crude oil output rise to 2.06m b/d in July — FG
NIGERIA’s average oil production including condensates, increased to 2.06 million barrels per day (mb/d) last month, from 2.05 million b/d in June, as the country continued to ramp up production amidst retention of output concession from the Organisation of Petroleum Exporting Countries (OPEC), the Ministry of Petroleum Resources has revealed.
Crude oil production hits 2.2m bpd
Crude oil production in Nigeria is now 2.2 million barrels per day, the Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru, said yesterday.
Alleged crude oil theft: How Nigerian suspect splashed N29.024bn on yatch – US court documents
Court documents filed by the US Department of Justice in Houston have revealed that Nigeria’s former oil minister, Diezani Alison-Madueke, allegedly tried to warn Kola Aluko and Jide Omokore, her business partners, against lavish spending, including splashing millions of dollars on a yacht.
