The lure of crude oil versus value addition
William Shakespeare, the all-time great English playwright and poet used the idealization of comedy to portray our world. A servant would dream of having greatness thrust upon him without imbibing the enterprise culture. In Illyria the plot set in the Twelfth Night would continue to play out in Nigeria.
Henceforth, Nigeria to bear costs, risks of crude oil sales — NNPC
The Nigerian National Petroleum Corporation, NNPC, Thursday, said it plans to undertake a review of its approach to crude oil sales, declaring that in the days ahead, it would commence the sale of more of the country’s crude oil on a Cost, Insurance and Freight, CIF, basis.
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.
