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Tag: Crude Oil

Refiners Challenge Crude Producers On Zero Allocation

Domestic refiners in Nigeria, including smaller modular refineries, are facing a serious problem: they can't access crude oil to...

Stakeholders Concerned As Nigeria Sows N18tn In Oil Production Each Year

Nigeria spends a staggering amount of money on producing crude oil, estimated at around 1.57 trillion naira every month....

Oil Theft Causes Most Crude Spills – NOSDRA

Over the past few years, despite the government putting a lot of money and resources into stopping oil theft,...

Nigeria Made N50 Trillion From Crude Oil In 2024 – Report

In 2024, Nigeria's earnings from crude oil reached an impressive N50.88 trillion, according to findings reported by DANDALI, a...

Fuel Prices Could Go Up As Crude Oil Approaches $80 Per Barrel

In the coming days, we might see a rise in the prices of gasoline and other refined oil products....

Dangote Group Set to Begin Crude Oil Production in Nigeria

The Dangote Group, owners of the Dangote Refinery, is set to commence crude oil production soon, despite facing significant...