Oil and gas

Navy impounds 600,000 liters of illegally refined diesel

He quoted the Commander, Nigerian Navy Ship SOROH Commodore Habib Usman, as saying that a barge and five wooden boats laden with about 600,000 metric tonnes suspected to be illegally refined Automated Gas Oil and 2 suspects were arrested.

NNPC discovers oil in North-East

The Nigerian National Petroleum Corporation (NNPC) has announced the discovery of oil and gas in commercial quantity in the north-eastern part of the country.

Oil prices edge up as Brent pushes further above $50

"Things look better one day and worse the next day." EY Services oil and gas analyst Sanjeev Gupta dealers were keeping an eye on the release Friday of US economic data, including on employment in the world's top oil consuming nation. AFP

Top 5 products Nigeria exported to the UK in 2023

Diverse sectors including oil, gas, agriculture, and finance witness active bilateral trade endeavors between the two nations. Of these sectors, the oil and gas sectors generate the most revenue for Nigeria.
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