crude oil

Senate Panel Uncovers ₦300bn and $200bn Missing in Crude Oil Revenue

November 27, 2025 Gistlover Stella 0

The Senate ad hoc committee probing crude oil theft in the Niger Delta has triggered widespread outrage after its interim report disclosed massive discrepancies, revealing that nearly ₦300 billion in domestic crude revenue and over

This is one crop we have abandoned no thanks to crude oil- Nigerian Family Reportedly Make N10m Selling Cocoa

March 6, 2024 Gistlover Stella 0

A corn farmer celebrated earning N10 million by selling cocoa beans. The ecstatic Nigerian farmer revealed this in a popular tweet on X on Sunday, March 2. According to @Titilolaoluwa, 16 bags of cocoa currently

Petrol Price To Hit ₦190 As Oil Nears $60

February 8, 2021 Gistlover Stella 0

Petrol Price To Hit ₦190 As Oil Nears $60. The Marketers have said with the current realities in the global crude oil markets, the price of Premium Motor Spirit (petrol) in Nigeria should be between

Oil Price Drops Over 2% as COVID-19 Rages

January 19, 2021 Gistlover Stella 0

Oil Price Drops Over 2% as COVID-19 Rages. Oil prices has recently fell more than two per cent as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong

OPEC Reveals How Nigeria Cuts Oil Production To 1.4 Million Barrels Per Day

July 15, 2020 Sylvester Gistlover 0

For the first time in many years, the Organisation of Petroleum Exporting Countries, OPEC, has confirmed Nigeria’s ability to cut its output from 1.7 million barrels per day, mb/d in May to 1.4mb/d in June

BREAKING: Petrol Price Drops To N121.50 ― PPPRA Explains

June 1, 2020 Sylvester Gistlover 0

The Petroleum Products Pricing Regulatory Agency, PPPRA, has announced a new pump price band of N121.50 to N123.50 per litre for Premium Motor Spirit, also known as petrol. The PPPRA, which is an agency of

Records Of Nigeria’s Oil Output In Q1 Of 2020

May 25, 2020 Sylvester Gistlover 0

Nigeria recorded a slight increase in its oil output for the first quarter of 2020, the National Bureau of Statistics said on Monday. According to the NBS, gains made in petroleum production led to an

‘There Should Be Transparency In Bid Round For Nigeria’s Marginal Oil Fields’ ̶ Stakeholders Demands

May 22, 2020 Sylvester Gistlover 0

Stakeholders in the oil and gas sector have said that previous bid rounds in Nigeria’s marginal oil fields revealed a sharp decline in interest from serious investors, both local and foreign. This, according to the

U.S. Oil off Lows after Falling Over 20%, Lowest Level Since 1999

April 20, 2020 Gist Lovers 0

Crude oil futures fell on Monday, with U.S. futures dropping more than 10% to levels unseen since 1999 amid concerns that U.S. storage facilities will soon be brimful with demand evaporating due to the coronavirus

1bn barrels of crude oil discovered in North-East— FG

February 12, 2020 Sylvester Gistlover 0

The Federal Government, Wednesday, disclosed that so far, one billion barrels of crude oil have been discovered in the North-East region of the country. Speaking at the closing ceremony of the Nigerian International Petroleum Summit,

BREAKING: Oil rises to $62.33

November 7, 2017 Gist Lovers 0

BREAKING: Oil rises to $62.33

Niger Delta Is No Longer Attractive To Investors-Shell Official

August 21, 2017 Gist Lovers 0

Niger Delta Is No Longer Attractive To Investors-Shell Official

See The Full List Of Nigeria Oil Bloc Owners

July 30, 2017 Gist Lovers 0

See The Full List Of Nigeria Oil Bloc Owners

BREAKING! Finally, Crude Oil Discovered In North, See Where

December 16, 2016 Gist Lovers 0

Nigeria has discovered huge crude oil concentration in the North-East, raising the hope of the region joining the league of oil producers.