crude oil

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FG says digital technology key to reducing crude oil production cost

The Federal Government says deployment of digital technology is key to reducing the Unit Operating Cost (UOC) of producing crude…

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No developed country in the world depends on crude oil – Obi

Mr Peter Obi, a former Vice Presidential Candidate of the Peoples Democratic Party in 2019, says restructuring will boost the…

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Obaseki advocates diversification of nation’s revenue from over-reliance on crude oil

The Edo State Governor, Mr. Godwin Obaseki, has made the case for diversification of the country’s revenue base away from…

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Rising crude oil price excites FG

The Federal Government has described as a welcome development the rising price of crude oil in the global market, saying,…

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Energy

NNPC posts $108m for crude oil, gas export sales in November

The Nigerian National Petroleum Corporation (NNPC) has said that it achieved a trading surplus of 108.84 million dollars (about N13.43billion)…

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Economy

FG recovers 684,856 barrels of stolen crude oil, 1,724,000 litres AGO and 500,000 litres DPK

Abuja – The Federal Government says no fewer than 158 armed bandits, terrorists and criminal elements have been neutralised by…

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Black Gold

FG plans to stop Fuel Importation

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has restated the commitment of NNPC to…

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