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All posts tagged "crude oil production"

  • Shell reopens 150,000bpd vandalised pipeline

    Royal Dutch Shell reopened its 150,000 barrel per day Trans Niger pipeline in Nigeria, which was shut for nearly two months, it was learnt on Monday. This has lifted crude oil production, which has been fluctuating between...

    • Posted September 18, 2013
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  • Vessels, tankers’ e-tracking helps to check wastages, says IPMAN

    The electronic tracking of fuel tankers and oil vessels has saved the Federal Government billions of Naira and conserved hard earned Nigeria Foreign Exchange, the Independent Petroleum Marketers Association of Nigeria (IPMAN), said on Wednesday. National Secretary of...

    • Posted September 6, 2013
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  • Oil theft: N125.78bn revenue shortfall recorded in July

    The Federal Government on Thursday released the gross revenue for the month of July, stating that the country recorded N125.78bn drop in budgeted income. While the Federal Government had projected to receive a total revenue of N623.76bn...

    • Posted August 24, 2013
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  • NNPC frets over US shale oil discovery

    The discovery of shale oil by the United States to meet its domestic crude oil needs may adversely affect Nigeria’s revenue. As a result, the Nigerian National Petroleum Corporation has expressed fears, saying the US might go...

    • Posted June 24, 2013
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  • FG, States, LGs share N620bn for May

    The Federation Accounts Allocation Committee (FAAC) on Wednesday in Abuja shared N620.65 billion among the three tiers of government for May. The Minister of State for Finance, Dr Yerima Ngama, made this known when he briefed newsmen...

    • Posted June 20, 2013
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