Oil and Gas
OPEC Says Nigeria, 6 Others Drop In Crude Oil Production
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member...
High Cost Of Diesel Responsible For Current Fuel Scarcity — NOGASA
The Natural oil and gas Suppliers Association of Nigeria (NOGASA) has said the current fuel scarcity being witnessed in parts...
Economists, Others Call For Removal Of Fuel Subsidy
Different stakeholders in the economic sector have called for the removal of fuel subsidy for the benefit of Nigerians. The...
No PVC, No Salary — IPMAN Tells Employees
Employees of the Independent Petroleum Marketers Association of Nigeria (IPMAN) will not get their salaries until they obtain the Permanent...
Crude Oil Exports Jump By 194%, Hit N5.6tn In Three Months
Amid increasing calls for diversification of the economy, Nigeria’s crude oil exports jumped to N5.6trn in the first quarter of...
Debt Servicing: Experts Urge FG To Increase Crude Oil Production
Some financial analysts have urged the Federal Government to increase its crude oil production to enhance its revenue generation, in...
NMDPRA Sanctions 15 Filling Stations For Violating Rules
The Bauchi office of the Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sanctioned 15 filling stations for allegedly violating...
Huge Gas Deposit, Asset For Nigeria — FG
Nigeria cannot ignore vast proven gas endowments and potential reserves, in the face of energy poverty, the Federal Government has...
Barkindo Commends Multilateral Declaration Of Cooperation Between OPEC, Non-OPEC Producers
The Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo has lauded the 2016 multilateral Declaration of Cooperation...
Nigeria’s Crude Oil Production Increases By 70,000bpd – Reuters Survey
Nigeria’s crude oil production increased by 70,000 barrels per day in May according to a Reuters Survey released recently. The...
© 2021 Shippingposition