Oil and Gas

Ivory Coast becomes Nigeria’s biggest trade partner in Africa after N2.05 trillion crude oil imports
September 17, 2024

As Nigerian innovators and early adopters move towards a compressed natural gas (CNG) fuel economy—projected to...

Read More
Ivory Coast becomes Nigeria’s biggest trade partner in Africa after N2.05 trillion crude oil imports
September 17, 2024

Ivory Coast has emerged as Nigeria’s biggest trade partner in Africa after importing crude oil worth...

Read More
Nigeria’s crude oil production rises by 3.4% to 1.35million bpd in August – OPEC
September 12, 2024

Nigeria’s average daily crude oil production rose by 3.4% to 1.352 million barrels in August according...

Read More
Gas production nears 12 billion cubic feet/day – FG
September 6, 2024

Gas production in Nigeria is growing from 7.5 billion cubic feet (bcf) per day and is...

Read More
Nigeria Begins Petrol Production After 28 Years
September 4, 2024

For the first time in nearly three decades, Nigeria has commenced local production of petrol, following...

Read More
FG Spends $13.94bn On PMS Import In 14 Months
September 2, 2024

The Federal Government has hired no fewer than 316 ships to ferry $13.94 billion worth of...

Read More
Nigerian oil grades maintain premium status, Cast light on economy
September 2, 2024

Nigeria’s Brass River, Bonny Light, and Qua Iboe have edged much higher than the current Brent...

Read More
Nigeria’s oil production rises to 1.53 million barrels per day in July – NUPRC
August 27, 2024

Nigeria’s crude oil and condensate productions have increased to 1.53 million barrels per day in the...

Read More
Nigeria’s crude oil production rises to 1.3 million bpd in July- OPEC
August 13, 2024

Nigeria’s crude oil production in the month of July rose to 1.307 million barrels of crude...

Read More
Kuwait, Spain, Portugal Await N413.96bn Gas From Nigeria
August 9, 2024

Ports in Portugal and other European countries and Asia are expecting 423,000 tonnes of liquefied natural...

Read More
Nigeria’s New Crude Grade Boosts Production Target
August 7, 2024

Nigeria has added a new crude grade known as Utapate, as Africa’s biggest oil producer strives...

Read More
Nigeria’s Petroleum Products’ Imports From Malta Hit $2.317bn In 4-Year – Report
July 30, 2024

Statisense is a leading AI data company specializing in financial report analysis, bank statement evaluation, and...

Read More