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U.S. emerges fastest growing crude oil producer
The U.S has emerged as the fastest growing crude oil…
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Kenya concludes first crude oil export
Kenya, one of the most prominent countries in East Africa,…
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Oil rises as U.S. crude stocks fall, market awaits U.S. Fed rate cut
Oil prices rose for a fifth day on Wednesday, supported…
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NNPC vows to promptly remit crude sales funds to federation account
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment…
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Nigeria, Angola, Brazil to contribute 62% global FPSO crude production by 2025
By Samson Echenim Brazil, Angola and Nigeria are expected to…
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Oil hits six-week high on Gulf of Mexico storm, Iran tensions
Oil prices hit a six-week high on Thursday as oil…
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Only foreign vessels responsible for freighting $9bn worth of Nigeria crude oil
In 2015, Nigeria lost $9 billion in crude oil freight to foreign…
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Nigeria’s August crude production hits 1.87mbpd as OPEC’s total output reaches 32.89mb
Nigeria’s crude oil production rose by 70,000 barrels per day in the most of August…
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OPEC production climbs by 35,000 bpd to 31.87m bpd in May, report shows
Crude oil production by member countries of OPEC rose in…
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FEATURE: What 13% of $1bn security fund would mean for Nigeria’s South-South
Mid-last week (May 30), the governors of Nigeria’s south-south zone…
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