Nigeria is toiling to find buyers for its crude oil as strikes in the French refining sector and seasonal maintenance at European plants cut into the OPEC producer’s sales. There are reports that about 25 shipments of the country’s crude for April loading were still searching for buyers, according to …
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Nigeria’s excess crude account has declined by 89 per cent in the last eight years, moving from $4.1bn in November 2014 to $472,513 in the same period of 2022. According to a statement by the Ministry of Finance, Budget and National Planning, which was seen by The PUNCH on Wednesday, the ECA’s …
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Nigeria loses at least 700,000 barrels of crude oil to thieves daily, Minister of State for Petroleum Resources, Timipre Sylva, said in Effurun, Delta State on Saturday. He made the assertion at the 2002 graduation of students of the Petroleum Training Institute. The minister who was represented by Ambassador Gabriel …
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