Crude Oil

Nigeria has emerged as the leading African exporter of crude oil to the United States between January and August 2025, according to the U.S. Mission in Nigeria. A statement posted …

Nigeria’s gross profit from crude oil and gas sales fell sharply by N824.66 billion in 2024, even as total oil revenue and production increased, according to the Budget Implementation Report …

Nigeria has cut its daily crude oil losses by 90 per cent in four years, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced. Chief Executive Officer of the commission, …

Nigeria earned $2.21bn from crude oil exports to the United States between January and July 2025, according to fresh data from the US Census Bureau and Bureau of Economic Analysis. …

Top Indian refiner, the Indian Oil Corporation (IOC) skipped the purchase of US crude oil in its latest tender and instead bought two million barrels from Nigeria and one million …

The Energy Information Administration (IEA) has reported that US crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly six years. …

Over 400,000 litres of stolen crude oil were recovered by the Nigerian Navy’s Operation Delta Sanity II across the Niger Delta in March 2025. Also, more than 30 illegal refinery …

The federal government has confirmed that the Naira-for-crude-oil swap deal remains in place, countering recent reports of its termination at the end of this month. The clarification followed reports that …

The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply challenges hindered the …

Hassan Gimba The North and its leaders seem happiest and satisfied when led by the nose. As in every election cycle, vote seekers would come and put a black liquid …