Focus: Global crude exports dip as trade routes reshuffle again
The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...
Global crude exports dip as trade routes reshuffle again
Trade routes have also been reshuffled by startup of the massive Dangote oil refinery in Nigeria, expansion of Canada’s Trans ...
Legit on MSN22h
Dangote, Other Nigerian Refineries Face Crude Oil Supply Shortage as NNPC Battles Debt Servicing
Due to its crude oil loans, the Nigerian National Petroleum Company Limited (NNPC) may have challenges meeting the crude oil ...
The Punch Newspapers23h
Crude-for-loan: Local crude demand rises as NNPCL battles debt servicing
The Nigerian National Petroleum Company Limited may continue servicing its crude-for-loan obligations till 2029 as the demand ...
Arise3h
Nigeria Reaches 1.51m bpd Oil Output, Meeting OPEC Quota After Four Years of Shortfalls
Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...
Nigeria’s economy in 2025 doesn’t look bright – analyst explains why
Nigeria’s President Bola Tinubu has introduced far-reaching economic reforms. They are unlikely to improve the living ...
OPEC Output Dips in December as UAE Improves Delivery of Cuts
OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...
legit on MSN1h
NNPC in Financial Mess as Auditor-general Uncovers N514bn Unaccounted Funds
An audit report has revealed several unauthorized transactions the NNPC carried out including an N82.95 billion purportedly ...
Vanguard4h
OPEC output dips in December as Nigeria’s gain overrides reductions in Iran, Kuwait
Output from the Organization of Petroleum Exporting Countries, OPEC fell by 120,000 barrels a day to 27.05 million a day, ...
Global Offshore Upstream Development Expected to Surge by 2028 with Key Contributions from Brazil, Nigeria, and Guyana
The "Global Offshore Upstream Development Outlook, 2024-2028" report has been added to ResearchAndMarkets.com's offering.Overall crude and natural gas production from offshore fields is expected to ...