“Relatedly, troops of 63 Brigade, Nigerian Army, while on routine patrols, successfully intercepted trucks ladened with products suspected to be stolen crude in Delta State. The arrest was made at ...

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“Additional $4”: Dangote Speaks on Cost of Buying Nigerian Crude Oil From International Companies

According to Dangote Industries Limited, it has never asserted that crude oil was being withheld from its refinery by the Nigeria National Petroleum Company Limited.

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Oil set for 3% weekly gain on easing recession concerns, rising Mideast tension

Oil prices edged up in Asian trading on Friday, heading for a weekly gain of more than 3% as U.S. jobs data calmed demand concerns and fears of a widening Middle East conflict persisted. Brent crude ...

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Analysis-Global oil demand needs to rise faster to absorb OPEC+ hike

Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October, according to data, analysts ...

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Army recovers 238,500 litres of stolen crude oil in three states

The 6 Division, Nigerian Army has recovered about 238,500 litres of stolen crude oil from suspected oil thieves in Bayelsa, Delta and Rivers states. Lt.-Col. Danjuma Danjuma, the division’s Spokesman, ...

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