Key events that shaped Nigeria’s oil sector in 2024 - Premium Times
21 hours ago · Crude theft and pipeline vandalism continued to plague Nigeria’s oil sector throughout 2024. Numerous illegal refining sites were discovered in the country’s oil-producing region by security ...
New refineries: NNPCL may cut crude supply to Dangote plant
2 days ago · The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a surge in Nigeria’s ...
Oil (Nigeria) news | Breaking News & Top Stories | NewsNow
Read the latest Oil (Nigeria) headlines, on NewsNow. Oil (Nigeria) news, analysis and opinion from around the world.
Nigeria says its Warri Refinery is back after a decade of closures
5 days ago · Nigeria said on Monday it had resumed some operations at its Warri oil refinery after almost a decade of shutdowns, one of a string of long-running failures that have left Africa's largest crude ...
Nigeria steps up crackdown on oil theft as it targets 3 million bpd ...
3 days ago · ABUJA, Dec 31 (Reuters) - Nigeria has stepped up its drive to crack down on oil theft in the Niger Delta region as it aims to increase national production to 3 million barrels per day in 2025 ...
Nigerian Oil news | Breaking News & Top Stories | NewsNow
Discover Nigerian Oil news from thousands of sources on NewsNow. The latest news, analysis and opinion from around the world.
Nigeria Sees Crude Output Rising 30% by Year-End on New Deals
Nov 11, 2024 · Nigeria expects a 30% increase in crude and condensate output as authorities strengthen security around the nation’s oil infrastructure and incentives in the sector attract investment, even...
Nigeria takes major step towards once again producing refined oil
Dec 9, 2023 · The delivery of a million barrels of crude oil to a huge new refinery in Nigeria marks a major milestone in the process towards the country being able to produce fuel itself.
Nigeria reaches oil supply deal, ending dispute with producers
Jul 11, 2024 · Nigeria's oil regulator has struck a deal with producers to allow sales of crude to domestic refiners at market prices, ending a supply dispute that had strained relations with...
Nigeria’s Glut of Unsold Oil Starts to Shrink as Prices Weaken
May 14, 2024 · Nigeria’s crude oil for loading this month is finally showing signs of starting to clear out after a weak pull from Europe forced some sellers to lower prices.