Tag:Crude Oil

Politics

2027: Makinde Demands Transparency, Benefits for Nigerians From Oil

• APM candidate commissions campaign office in Abuja • Says domestic crude supply must benefit Nigerians • Bala Mohammed, Peter Obi back Makinde’s presidential bid Allied People’s...

Roland Edet - September 7, 2026

Business

Stop Exporting Crude, Poverty, IPPG Tells African Leaders

Group urges governments to use oil, gas wealth to power Africa’s industrial revolution The Independent Petroleum Producers Group (IPPG) has challenged African leaders to stop...

Uche Kingsley - September 3, 2026

news

Horror in Rivers as 37 Suspected Oil Thieves Die, Many Missing

No fewer than 37 persons suspected of oil theft have died after allegedly inhaling a petroleum product believed to be crude oil at a...

Ola Adebayo - September 3, 2026

Energy

Tinubu’s Offshore Order Could Add 1m bpd, Unlock $50bn Investment

ABUJA — President Bola Ahmed Tinubu’s Deep Offshore Oil and Gas Project Incentives (Tax Remission) Executive Order 2026 could unlock about $50 billion in...

Akeem Adebayo - August 19, 2026

Energy

Nigeria Hits 1.67m bpd, Meets OPEC Quota for Third Straight Month

ABUJA — Nigeria has met and exceeded its OPEC production quota for the third consecutive month, with crude oil and condensate output reaching 1.67...

Akeem Adebayo - August 12, 2026

Energy

NNPC Smiles to Bank as Profit Hits N462bn, Oil Output Climbs to 1.73m Barrels Daily

NNPC Limited has recorded a whopping ₦462 billion Profit After Tax in May 2026, as the national oil company posted improved operational and financial...

Akeem Adebayo - July 1, 2026

Newsbeats

Crude Price Crash: FCCPC Blasts Oil Marketers Over High Fuel Prices, Threatens Sanctions

The Federal Competition and Consumer Protection Commission (FCCPC) has expressed outrage over what it described as the continued exploitation of Nigerians by oil marketers...

Saladin Babagana - June 28, 2026