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Crude Oil News
China’s June Crude Oil Output Falls 2.3% in June
China aims to increase domestic crude oil output to 200 million tonnes by 2020, while…
July 16th 2018
FAAC Suspends Meetings Indefinitely over Under-Remittance by NNPC
According to a News Agency of Nigeria (NAN) report, Yunusa made the declaration in Abuja…
July 13th 2018
China’s June Crude Imports at Six-Month Low as ‘Teapot’ Buying Slows
Imports for the first half of this year were still up 5.8 percent from a…
July 13th 2018
International Firm to Establish Private Petroleum University in Nigeria
The petroleum university is expected to bridge the gap between the Nigerian university theory and…
July 12th 2018
Crude Oil Benchmark Brent Sees Biggest One-Day Fall in Two Years
The sell-off began early in the session after Libya’s National Oil Company said it would…
July 12th 2018
Nigeria to Probe State Oil Company
The house resolved to establish an ad hoc committee to investigate crude oil sales and…
July 11th 2018
Alberta Leads the Charge in Crude Oil Production Hike
Statistics Canada said Alberta produced 16.1 million cubic metres of crude oil and equivalent products…
July 11th 2018
Nigeria: Depot Fire Won’t Affect Petroleum Supply- NNPC
Mr Anele said that the NNPC would, in the interim, embark on evacuation of the…
July 10th 2018
Chinese Private Refiner Buys its First Kuwaiti Crude Oil Cargo
Dongming, based in the eastern province of Shandong, will blend the Kuwaiti oil with other…
July 10th 2018
Dangote Bets Big on New Oil Refinery
Dangote Cement, Nigeria’s biggest listed company, has attracted investment from Dubai and South African investment…
July 9th 2018
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