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Crude Oil News
NNPC to Begin Oil Exploration in Benue
The exploration work is expected to begin next month.
June 27th 2019
Crude Oil Prices May Slump to $30 Level if China Devalues Yuan: BofAML
Brent crude fell 20 per cent from a high in late April to a low…
June 27th 2019
India, Largest Export Market for Nigeria in 2019 First Quarter: NBS
According to the report, Nigeria's export trade to India accounted for 16.43 per cent of…
June 26th 2019
Kenya Signs Milestone Crude Processing Deal with Oil Firms
In addition to the processing facility, a crude oil export pipeline from Lokichar to Lamu…
June 26th 2019
Scores Feared Dead in Nigeria Pipeline Explosion
The explosion occurred on Saturday afternoon while maintenance work was taking place on a pipeline…
June 25th 2019
Five Underwater Oil Pipelines in Syria Sabotaged
Syria has been beset by fuel shortages since the European Union (EU), the UN and…
June 25th 2019
Investigation Begins Into Rivers State Pipeline Explosion
The investigation is being done by security personnel and officials of PPMC/NNPC.
June 24th 2019
Iran Passes Bill to Up Gas, Oil Refineries’ Capacities
The approval of the bill comes against the backdrop of increased tensions between Iran and…
June 24th 2019
Nigeria Names New Head for State-run Oil Company
Seven other senior officials were also appointed to head NNPC's subsidiaries.
June 21st 2019
Crude Shippers Boost Security after Attacks on Tankers in Gulf
The apparent targeting of tankers is alarming to ship owner, said chief shipping analyst at…
June 21st 2019
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