In this article, we discussed the most popular oil bench marks in the world which is the brent crude and the west Texas intermediate. Brent crude and West Texas Intermediate are the two major benchmarks for crude
This article delves into the role of oil in economic development, highlighting best practices for managing oil revenue effectively. Oil has been a cornerstone of economic development for many countries, particularly those with substantial oil reserves. The
Crude oil options are an essential tool for managing price risk and speculating on market movements in the oil industry. What are crude oil options? Crude oil options are derivatives or financial contract that give the buyer
In this article we discussed crude oil transportation and the various means through which it is transported around the globe. Crude oil plays a critical role in all modern economies and its transportation is a vital element
In this post, we discussed Atmospheric distillation of crude oil, the meaning and also the steps involved in achieving this refining process. Refining of crude oil essentially consists of primary separation processes and secondary conversion processes. The
Herein this post, we delved into the main oil producing countries in Africa, we listed the countries and explained the oil barrels produced by each. The African continent is home to five of the top 30 oil-producing
Herein this article, we discussed the oil and gas industry and furthermore we explained the different oil and gas sectors. Oil and Gas is Considered being the biggest sector in the world in terms of dollar value,
Here in this article, we discussed the meaning of marine fuel and furthermore we explained maritime fuel classification. What Is Marine Fuel Oil? Marine Fuel oil is a fraction obtained from petroleum distillation, either as a distillate
This article discusses the meaning of fuel oil, the composition, uses and furthermore explains the general classification fuel oil. What Is Fuel Oil Fuel oil is any of various fractions obtained from the distillation of petroleum (crude
Herein this article, we delved into crude oil, the meaning, types, uses and also the various benefits derived from its products. WHAT IS CRUDE OIL? Crude oil, liquid petroleum that is found accumulated in various porous rock
Herein this article we defined gas oil, where gas oil comes from and furthermore, we explained why and who makes use of gas oil What is Gas Oil? Gas oil is a commercial fuel used as an
Herein this article we discussed the meaning of Automotive Gas oil and also listed the types of vehicles that makes use of of AGO. WHAT IS AUTOMATIVE GAS OIL? Automotive Gas Oil (AGO) which is also known
In this article we delved into diesel fuel, the meaning, origin, different names, types, storage method and the uses of diesel fuel. Diesel fuel is the common term for the distillate fuel oil sold for use in
In this article, we discussed NNPC Trading Limited registration processes and requirements. What they do and services in the Nigerian oil and gas industry and also the online registration and more. What does NNPC Trading Limited do?
In this post, the group executive officer of NNPCL assure Nigerians that the port Harcourt refinery will commence delivery of refined PMS in two weeks. Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL),
In this article, the Nigerian National Petroleum Company Limited (NNPC Ltd.) Solicits EFCC’s Support in Fight Against Crude Oil Theft. The Nigerian National Petroleum Company Limited (NNPC Ltd.) has appealed to the Economic and Financial Crimes Commission
Herein this post, the organization of petroleum exporting countries (OPEC) stated that Nigeria’s crude oil production drops by 7.94%. The Organization of Petroleum Exporting Countries (OPEC) has stated that Nigeria experienced 7.94% month-on-month decline in crude oil
This article is about how tompolo canvasses more crude output as Nigerian Air Force (NAF) destroys illegal refineries and how it will not relent in its efforts to do more. The Nigerian Air Force said, on Sunday,
In this article, the Dangote refinery is expecting a second batch of crude oil and it’s scheduled to arrive on Wednesday being the 13th of march. The Dangote refinery is expecting a second batch of crude oil,
In this article we discussed on what FG. said about oil earnings: which rose by n450bn in two months and how it can be beneficial to investors. The Federal Government, through the NUPRC, recently announced a new
Herein this article, we discussed how bringing NUPRC closer to oil and gas operators will boost efficiency in the industry. The Nigerian Upstream Regulatory Commission (NUPRC) occupies a very influential position in Nigeria’s oil and gas industry.
In this article we will be looking at how navy impounds N1.05bn worth of crude oil in 1 week security and defense in the Niger delta region. The Nigerian Navy (NN) says the troops of Operation Delta
In this Article we discussed Voyage to oil quest in Northern Nigeria and the (NNPCL) discovery and drilling of crude oil in Bauchi, Gombe and Nasarawa state. INTRODUCTION Nigerian former President Muhammadu Buhari opened the first
In this blog Nigeria Launches New ‘Nembe’ Grade as Ramps Up Oil Output. INTRODUCTION Nigeria’s state oil firm said it had launched a new grade of crude called Nembe, which it says is particularly suited to
This blog is about how oil production increased to 1.7 million barrels daily, says FG and why NNPCL rejects move to increase oil production to 1.8mb/d. Nigeria is pumping 1.67 million barrels of oil and condensates per