Nigeria’s oil crisis compounded as India’s fuel demand crash by 60%
In what may have compounded Nigeria’s energy crisis, India, the country’s largest importer of crude oil, reported a 60% slump ...
Wednesday, April 15, 2026
Tag: Oil and Gas
Nigeria’s oil, gas exports to fall by $26.5bn -IMF
imf The International Monetary Fund has said Nigeria’s oil and gas exports are expected to fall by at least $26.5bn ...
Oil crash may warrant production halt, says NNPC
Nigeria has not stopped producing crude oil but a persistent crash in oil prices may lead to a halt in ...
FG pays N200bn to offset Gencos’ gas bill
The federal government has in the past two to three days paid over N200bn for power supply in Nigeria,Mele Kyari, ...
Oil hovers around $31 despite OPEC+ cut deal
The international oil benchmark, Brent crude, wobbled on Monday, despite the historic oil production cut deal sealed by the ...
Crude cuts: Nigeria to earn $10.61bn in eight months
Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by ...
Financial boost beckons on African oil producers after OPEC+ slashes production by 23.7mbpd
African oil producing nations will experience a financial boost following global oil production slash that sees total world production down ...
Nigeria’s $2.8bn OPEC deal largesse meets roadblock in Mexico
By Moses Obajemu Nigeria’s hope of raking in a $2.8 billion largesse from its sale of crude oil following last ...
Fuel price: NNPC retail stations in full compliance with PPPRA price template
The NNPC Retail Ltd., one of the downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), has clarified that all ...
Focus shifts to G20 meeting for OPEC++ deal as OPEC+ ends oil price war
From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels ...
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