Saturday, April 18, 2026
Europe to shun Russian oil as boost of Chinese flows hits quality
European refiners are threatening to cut Russian oil purchases due to worsening quality after Moscow has re-routed large volumes of...
Read moreDetailsNigeria’s Kaduna refinery shut temporarily, state oil company says
Nigeria’s Kaduna oil refinery has temporarily shut down because of a lack of crude, the Nigerian National Petroleum Corporation (NNPC)...
Read moreDetailsErin Energy discovers hydrocarbons in Nigeria’s Oyo-NW well
Erin Energy Corporation on Wednesday announced that it has completed the drilling of the Nigeria's Oyo-NW well, and based on...
Read moreDetailsNigeria’s state oil company says insecurity hindering oil exploration in Chad basin
Nigeria's state oil company, Nigerian National Petroleum Corporation (NNPC) on Tuesday blamed security challenges for the non-commencement of oil exploration...
Read moreDetailsNigeria’s state oil company to increase oil production to 500,000 bpd before 2022
The Nigerian Petroleum Development Company ( NPDC ), one of the upstream subsidiaries of the Nigerian National Petroleum Corporation (...
Read moreDetailsNigeria’s state oil company loses ₦6.79bn to vandalism, crude inventories in one month
Nigerian National Petroleum Corporation (NNPC) has reported a trading deficit of ₦6.79 billion for its operations in November 2017, higher...
Read moreDetailsNNPC to ramp up retail business to 30 percent from 13 percent to ease fuel scarcity
Maikanti Baru, NNPC’s Group Managing Director Nigeria's national oil company, the Nigerian National Petroleum Corporation (NNPC) said it plans to increase...
Read moreDetailsNNPC engages OEMs to revamp refineries before 2019
The Nigerian National Petroleum Corporation (NNPC) said it had engaged the original builders of the refineries in Port Harcourt, Warri...
Read moreDetailsGhana attracts international attention as ExxonMobil acquires oil block
The Ghanaian oil industry has attracted the attention of American oil giant, ExxonMobil as it has signed a deal with...
Read moreDetailsOPEC increases non-members production forecast raising concern over US supplies
Emmanuel Ibe Kachikwu, Nigeria's petroleum and resources minister, center, looks on during a news conference the 173rd Organization of Petroleum...
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