PKN Orlen will buy nearly 240,000 tonnes of crude oil from Nigeria, which will be delivered to Naftoport in Gdańsk in January and March, the company informed. “Only in the last quarter of the last year, we had spot deliveries from three new directions – Angola, United Arab Emirates, and Nigeria. We intend to continue… […]
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Crude oil earnings up by 48% to N11.5trn in 9 months - Vanguard News NigeriaNigeria recorded crude oil export worth N11.5 trillion in nine months, from January to September 2018, rising by 48.01 per cent from N7.77 trillion recorded in similar period in 2017.
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Report Reveals How IOCs Steal Nigeria’s Crude Oil - THISDAYLIVECountry loses estimated N995.2bn annually By Chineme Okafor in Abuja A new report on the age-long crude oil theft in Nigeria has revealed how International Oil Companies (IOCs) in the Niger Delta region steal and siphon large volumes of crude oil from the country undetected by her authorities. The report revealed the revenue losses over …
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