Nigeria Imports 61.7m Barrels of US Crude in Two Years Despite Strong Oil Exports
Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, highlighting ...
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Tag: #NigeriaOil
Nigeria’s Crude Oil Prices Surge to $113 as Output Rises to 1.8 Million Barrels Per Day
Nigeria’s revenue from crude oil is set for a significant boost as its key crude grades traded at $113 per ...
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Nigeria’s Crude Oil Output Remains Below OPEC Quota Despite March Rebound
Nigeria’s crude oil production remains below the quota allocated by the Organization of the Petroleum Exporting Countries (OPEC), despite recording ...
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NNPCL Launches Export of New Cawthorne Crude Grade
Nigerian National Petroleum Company Limited (NNPCL) has commenced the export of a new crude oil grade known as Cawthorne, marking ...
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Dangote Refinery Imports $3.74bn Crude Oil in 2025 Amid Nigeria’s Domestic Production
Despite being a major crude oil-producing country, Nigeria saw the Dangote Petroleum Refinery import $3.74 billion worth of crude oil ...
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Nigeria Imports N5.7tn Crude Despite Massive Output, Exposing Supply Crisis
Despite being Africa’s largest crude oil producer, Nigeria imported crude oil worth a staggering N5.734 trillion in 2025, highlighting a ...
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PETROAN Urges Nigeria to Invest Oil Windfall in Gas Infrastructure Amid Rising Global Prices
The Petroleum Products Retail Outlets Owners Association of Nigeria has called on the Federal Government of Nigeria to channel gains ...
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Nigeria to Launch New “Cawthorne” Crude Grade in March to Boost Oil Output
Nigerian National Petroleum Company Limited has announced that Nigeria will begin exporting a new light, sweet crude grade called Cawthorne ...
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NDPA Urges Protection of Oil Infrastructure to Boost Nigeria’s Revenue and Stability
The Niger Delta Progressive Alliance (NDPA) has emphasised that securing existing oil and gas infrastructure is critical to strengthening national ...
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Nigeria Loses N1.76tn as Crude Output Falls Short of OPEC Quota
Nigeria’s oil sector lost an estimated N1.76tn in potential crude oil revenue after failing to meet its production quota set ...
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