crude oil

May 09, (THEWILL) – Crude oil prices began Tuesday trade with a dip as traders brace up for the April inflation data, to be released on Wednesday, according to report by Oil Price.com The online oil business platform said...

April 19, (THEWILL) - The House of Representatives Ad Hoc Committee has threatened to summon the Attorney General of the Federation (AGF), Abubakar Malami, and other top government officials, over the alleged loss of $2.4 billion from the illegal...

April 05, (THEWILL) - The Senate has indicted the Nigerian National Petroleum Company Limited (NNPCL), for lack of transparency in crude oil lifted from its Escravos terminal to Warri Refinery and Petrochemical Company (WRPC), as well as the Kaduna...

March 29, (THEWILL) - The Federal Government has approved N59.7 billion for some projects in oil-producing communities in Rivers State. Minister of Environment, Mohammed Abdullahi, disclosed this to State House Correspondents at the end of the Federal Executive Council (FEC)...

March 23, (THEWILL) - Former militant leaders from the six states of the Niger Delta region have faulted the claims against crude oil pipeline operators and the Pipeline Infrastructure Nigeria Limited Company, PINL, over the alleged neglect of stakeholders...

When the IMF categorises resource-rich countries, it classifies the countries according to their export baskets. At least, twenty African countries including Nigeria, Angola, Ghana and Tanzania are classified as resource-rich, with their export base comprising a bulk of unprocessed...

January 18, (THEWILL) - Fishermen and residents in Koluama 2 community in Bayelsa, have bemoaned the use of toxic dispersants to contain an ongoing oil leak at Conoil's field. The fishing settlement on the Atlantic coastline said the toxic...

January 01, (THEWILL) - A barge and truck with consignments of stolen crude oil have been intercepted, along with eight suspects, who were arrested on board the vessels. Tantita Security Services, in two separate operations, intercepted the stolen crude oil. In...

December 13, (THEWILL) - Nigeria’s crude oil production rose to 1.185 million barrels per day in November 2022, representing the highest output by the country in the past seven months. The latest oil production figures obtained from the Nigerian Upstream...

October 13, (THEWILL) – Kaduna State governor, Nasir El-Rufai, has called for full privatisation of the oil and gas sector, urging the Federal Government to give up its control. The Governor stated this while speaking at the seventh edition of...