OPEC+ Oil Production Increase for June Sparks Market Concern
By DAYO ADESULU OPEC+ Oil: Saudi Arabia, Russia Lead Unexpected Supply Surge In a surprise shift that could rattle global oil markets, eight member countries...
Tag : #OilProduction
Dangote Petroleum Refinery Secures 12 Million Barrels of US Crude Oil Amid Local Supply Challenges
By DAYO ADESULU Strategic Move to Enhance Refinery Operations and Meet Production Goals The Dangote Petroleum Refinery is set to receive a substantial shipment of...
Dangote Refinery Resumes U.S. Crude Purchases Amid Rising Oil Production Goals
By DAYO ADESULU Lagos, Nigeria – The Dangote Petroleum Refinery has restarted the importation of crude oil from the United States after a three-month pause,...
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Nigeria’s Oil Production Hits 1.8 Million Barrels per Day, Federal Revenue Set to Reach N6.99 Trillion Monthly
By DAYO ADESULU Federal Government to Earn N6.99 Trillion Monthly as Oil Output Reaches New High Nigeria’s Federal Government stands to gain approximately N6.99 trillion...
Nigeria’s Oil Output for October Reported Lower Than Federal Government Figures, Says OPEC
By DAYO ADESULU Abuja, Nigeria — The Organization of Petroleum Exporting Countries (OPEC) reported that Nigeria’s crude oil production, excluding condensates, was 1.434 million barrels...