U.S. may soon stop crude oil imports from Nigeria

There are indications that the United States may halt crude oil imports from Nigeria by 2022, as it moves closer to becoming a net...

16 ships conveying petrol expected at ports as queues return to Lagos

Thirty-six ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin Can Island Ports in Lagos between...

Nigeria must prepare its gas in readiness for the future – NLNG MD

Tony Attah, the Managing Director of Nigeria LNG Limited (NLNG), has said that Nigeria must unleash its gas potentials, and support NLNG’s expansion programme,...

Nigeria exported crude oil worth N2.3 trn between Oct and Dec 2017

Nigeria exported 126.96 million barrels of crude oil and condensates worth N2,374,564,896,000 or $7,760,016,000 in the fourth quarter of 2017, Nigerian Tribune reports. However, total...

Total wins IOC tender as U.S. oil displaces Nigerian crude in various markets

Two million more barrels of West African oil are expected to sail to India as part of an IOC tender while U.S. crude appears...

Ancap takes Qua Iboe from BP as Nigerian crude differentials rise

Nigerian crude differentials were rising due to strong margins for refined fuels such as petrol and diesel, Reuters reports. Disruptions caused by maintenance at the...

NNPC programmes two petrol cargoes per day for February

In a bid to keep the country wet with petrol and eradicate the fuel queues that have resurfaced in some cities, the Nigerian National...

Vitol books rare Suezmax cargo of petrol headed for Nigeria

Nigeria’s push to keep its citizens stocked with fuel after shortages and queues popped up across the nation of more than 180 million in...

India ups its demand for Nigerian oil

More cargoes of Nigerian crude oil are now heading for India on a daily basis after loadings to China witnessed a decline in recent...

Nigerian oil moves to Europe despite looming refinery maintenance

Nigerian oil was underpinned by strong margins for petrol and middle distillates despite several European refineries issuing maintenance plans, which will eventually curtail their...

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