crude oil

November 08, (THEWILL) - The Nigerian National Petroleum Company (NNPC) Ltd has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade, into the international crude oil market. A statement signed by the Chief Corporate Communications Officer,...

October 14, (THEWILL) - Nigeria’s crude oil production including condensate, has increased to 1.7 million barrels per day on Friday, October 13th. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this to Energy Correspondents in Abuja,...

October 04, (THEWILL) - The Organisation of Oil Petroleum Exporting Countrie (OPEC), has reviewed the crude oil production data of member states and allies. This was reviewed at the just-concluded 50th meeting of the Joint Ministerial Monitoring Committee (JMMC). The Cartel,...

October 02, (THEWILL) - The indigenes of Iko Town in the Eastern Obolo local government area of Akwa Ibom State, have protested the refusal of oil companies operating on their land to meet their demands, even as they have...

October 01, (THEWILL) - With the goal of quickly ramping up Nigeria’s flagging crude oil production, ensuring compliance with the provisions of the Nigerian Content Act, and timely approvals of documents, the Nigerian Content Development and Monitoring Board (NCDMB)...

September 19, (THEWILL) - Oando Plc has announced a profit after tax (PAT) of N32.9 billon in its full-year-ended 2021 financials. This year, 2023, has seen the Company record positive highlights, including the recent announcement of its intent to...

September 11, (THEWILL) - Stakeholders in the transportation sector and other businesses have been called upon to embrace electric vehicles as their choice for mass mobility in the country, as it gives the best returns on investment when compared...

September 04, (THEWILL) - Eni – Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian and Johannesburg Stock Exchange - has announced the signing of an agreement with Oando Plc for the sale of Nigerian Agip...

September 02, (THEWILL) - Nigeria’s crude oil production including condensate, has increased to 1.67 million barrels per day. The Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, disclosed this on Friday, in Abuja. Nigeria’s crude...

August 27, (THEWILL) - Crude oil prices started trade Friday with a gain but were set for another weekly decline as the U.S. dollar rose further and supply concerns eased, Oil Price.com reports. Brent crude was trading at over $83.88...