By Aluta News Nov. 9, 2023 The Nigerian National Petroleum Company Limited (NNPC Ltd) has provided insight into how the lingering Russia – Ukraine war impacted Nigerian crude oil inflows in the international oil market. The NNPC Ltd said this led to a dip in demand from the once-dependable AsianContinue Reading
By Aluta News Dec. 30, 2022 The House of Representatives says it plans to partner with stakeholders to investigate the alleged loss of over 2.4 billion dollars revenue due to illegal sale of crude oil. Rep. Mark Gbillah, the Chairman of the House ad hoc committee investigating the matter, saidContinue Reading
By Aluta News June 15, 2022 The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member countries, indicating that six countries increased their crude oil output while seven countries declined in production. The information is contained in the OPEC Monthly OilContinue Reading
By Aluta News Feb. 2, 2022 The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $90.46 per barrel as at Tuesday, Feb. 1. This is compared with $90.89 per barrel of the previous Monday, according to OPEC Secretariat calculations obtainedContinue Reading
By Aluta News Sept 5, 2021 Gov. Adegboyega Oyetola of Osun says that gold mining will assume the position of crude oil in the economy of the state in the near future. Oyetola expressed the optimism in Abuja on Sunday when he featured at the flagship interview session of theContinue Reading