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NAF hits 6 illegal oil refining sites in Rivers

  • by Sadiq Danladi
  • December 26, 2023

By Aluta News Dec 26, 2023 The Nigerian Air Force (NAF), says the Air Component of Operation Delta Safe, on Dec. 23, destroyed six illegal oil refining sites in Opu Arugbana in Degema Local Government… NAF hits 6 illegal oil refining sites in Rivers

NOA lauds Dangote’s oil production in Lagos

  • by Sadiq Danladi
  • December 10, 2023

By Aluta News Dec 10, 2023 The National Agency (NOA) has commended Dangote Refining Company and the Federal Government for restarting local production of petroleum products in the country. Its Director General, Malam Lanre Issa-Onilu,… NOA lauds Dangote’s oil production in Lagos

Speaker Abbas inaugurates special committee on oil theft

  • by Sadiq Danladi
  • November 22, 2023

By Aluta News Nov. 22, 2023 The Speaker of the House of Representatives, Mr Tajudeen Abbas, has inaugurated Special Committee on Oil Theft to tackle one of the largest threats to Nigeria’s economy. Abbas said… Speaker Abbas inaugurates special committee on oil theft

Iran to provide infrastructure for Nigeria’s oil, gas development – Ambassador

  • by Sadiq Danladi
  • August 19, 2023

By Aluta News Aug 19, 2023 The Iranian  Government has expressed its readiness to collaborate in developing Nigeria’s oil and gas downstream division. The Iranian Ambassador to Nigeria, Muhammad Alibak, made this known when he… Iran to provide infrastructure for Nigeria’s oil, gas development – Ambassador

Malami faults allegation of losing $2.4bn from crude oil sale to China

  • by Sadiq Danladi
  • April 27, 2023

By Aluta News April 27, 2023 The Minister of Justice and Attorney General of the Federation (AGF) Abubakar Malami has dismissed claims that Nigeria lost over 2.4 billion dollars revenue from alleged illegal sale of… Malami faults allegation of losing $2.4bn from crude oil sale to China

Guri/Malammadori oil fields ‘ll be explored by Tinubu – Gov Badaru

  • by Sadiq Danladi
  • December 17, 2022

By Aluta News Dec. 17, 2022 Gov. Muhammad Badaru of Jigawa on Friday urged electorate to vote for All Progressives Congress (APC) during the 2023 general elections for the crude oil deposit in the state… Guri/Malammadori oil fields ‘ll be explored by Tinubu – Gov Badaru

Bauchi, Gombe residents hail Buhari over Kolmani oil exploration

  • by Sadiq Danladi
  • November 22, 2022

By Aluta News Nov. 22, 2022 Some experts in Bauchi and Gombe have applauded President Muhammadu Buhari over successful commencement of oil exploration at Kolmani River Oil Field in the North-East region. The experts also… Bauchi, Gombe residents hail Buhari over Kolmani oil exploration

Oil rises on U.S. crude stocks data, tight supply outlook

  • by Sadiq Danladi
  • August 18, 2022

By Aluta News Aug 18, 2022 Oil prices rose on Thursday as robust U.S. fuel consumption data and expected falls in Russian supply, later in the year, offset concerns that a possible recession in developed… Oil rises on U.S. crude stocks data, tight supply outlook

Russia eyes Asia for oil exports as Europe turns away

  • by Sadiq Danladi
  • March 28, 2022

By Aluta News Mar. 28, 2022 As European countries look to wean themselves off of Russian energy, Moscow is looking to fill at least part of the gap by increasing oil exports to Asia. There… Russia eyes Asia for oil exports as Europe turns away

News Analysis: Will Russia’s Ukraine invasion push up oil prices, inflation?

  • by Sadiq Danladi
  • February 23, 2022

By Aluta News Feb. 23, 2022 Whatever the consequences for Russia of the new sanctions that President Joe Biden announced on Tuesday, the invasion of Ukraine and ensuing global stand-off will further darken the outlook… News Analysis: Will Russia’s Ukraine invasion push up oil prices, inflation?

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