Page 2 - Escravos Light News Today

The lingering Russia-Ukraine crisis has raised the demand for Nigeria’s crude oil grade into the European markets.

An official noted that the challenges are fast becoming a thing of the past with the introduction and implementation of a new framework for the domestic petroleum industry

The war between Russia and Ukraine has had a significant impact on Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable Asian market at the onset of hostilities in the Eastern bloc, according to the Nigerian National Petroleum Company Limited (NNPC Ltd.)

Russia-Ukraine crisis taking toll on Nigeria's crude — NNPCL.

November 9, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPC) Ltd has said the war between Russia and Ukraine had a significant impact on Nigerian crude oil inflows in the international oil market. Speaking on Wednesday, during a panel presentation at the Argus European Crude Conference in London, NNPC’s Executive Director of Crude and

The ongoing war between Russia and Ukraine led to a dip in demand in oil prices and forced Russia to sell reduced price thus, making it attractive to India

LCFE, Heritage Bank Plc, Capital Market players and other stakeholders have unlocked the $1trillion (N445trn) commodities ecosystem

The unprecedented rate of oil theft recorded in recent times in the country, and the harrowing effect that it has had on government revenue and accretion to reserves is perhaps