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Monday, January 6, 2025
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Tag: Oil

Intensified Crackdown on Oil Theft

Nigeria has ramped up its efforts to tackle oil theft in the Niger Delta region, aiming to curb the...

OPEC’s Influence on Global Oil Prices Weakens

The Organization of the Petroleum Exporting Countries (OPEC) is experiencing a noticeable decline in its ability to influence global...

TotalEnergies, MRS, And Others Win 2024 Oil Licensing Bid

Winners have been announced in the current 2024 oil licensing bid round in Nigeria, which is an important event...

Oando Increases Oil Production By 50%.

Oando Plc, a major player in the oil industry, has announced that it has significantly boosted its crude oil...

Oil Imports Fell By 35% In Q2 – CBN

In the second quarter of 2024, Nigeria saw a significant decrease in its oil imports, dropping by 35 percent....

Oil Production Hit 1.35 Million Barrels Per Day in August – OPEC.

Oil Production Hit 1.35 Million Barrels Per Day in August - OPEC. Nigeria's crude oil production rose from 1.307 million...

Oil Production Dropped in Q2 – NBS.

Oil Production Dropped in Q2 - NBS. Nigeria's daily oil production saw a reduction of 160,000 barrels per day in...