Category : Search result: oil marketers warning


OPEC Poised for Major Oil Production Increase

OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.

Navy dismantles illegal refinery, arrests 7 in Ondo

In a major security operation, the Nigerian Navy has dismantled an illegal refinery and arrested seven individuals across multiple communities in Ondo State, dealing a significant blow to oil theft activities in the region.

Nigeria Presidency Warns Against Coup Plotters

The Nigerian Presidency has issued a fresh security alert warning against individuals plotting to undermine democracy through military takeover. Get exclusive details on the government's strong stance.

Oil Marketers Warn Against Monopoly in Nigeria

Major petroleum marketers in Nigeria are raising concerns about market dominance and calling for transparent access to facilities to ensure fair competition in the downstream oil sector.

Navy dismantles illegal oil refinery in Ondo

In a major crackdown on oil theft, the Nigerian Navy has raided and completely dismantled a sophisticated illegal refinery operation hidden within Ondo State's riverine communities.

Foreigners Face Court Over ₦12B Oil Theft in Nigeria

Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.

Equinor's $251M Loss: Nigerian Oil Prices Plunge

Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.

Ribadu Warns Against Violence in Anambra Election

National Security Adviser Nuhu Ribadu delivers strong message to political actors, security agencies, and citizens ahead of crucial Anambra State poll, emphasizing zero tolerance for electoral violence.

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