Tag: Crude Oil
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Crude Oil: OPEC daily basket price now $90.46 per barrel
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...
Soot Crisis: Rivers LG destroys 82 illegal crude oil refining sites
The chairman of Ahoada West local government in Rivers state, Hope Ikiriko, says no fewer than 82 illegal crude oil refineries across communities within...
Dangote to dedicate more than 50% of refinery capacity to petrol
The Dangote Group says it will upon the completion of its refinery dedicate 53 per cent of the capacity to the production of petrol. This translates to dedicating 344,500 barrels of its projected 650,000 barrels per day refining capacity to the production of petrol.
Dangote Refinery’ll end importation of Crude Oil products in Nigeria– GED
A permanent end will come to the importation of petroleum products in Nigeria and sub-Saharan Africa, with the imminent completion of the 650,000 barrels-per-day (bpd) Dangote Refinery at Ibeju-Lekki area of Lagos.
Africa’s Oil Demand Increases By 5%
By Alphonsus E.WAfrica has become the world’s leading consumer of crude oil with demand for the commodity increasing by 5% over the course of...
