Nigeria imports N1.2tn crude as local output stumbles
Photo caption: Crude oil cargo: Credit/Reuters Despite being Africa’s largest crude oil producer, Nigeria imported crude oil worth N1.19tn in the first quarter of
Category : Oil
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
Why Oil News?
Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.
Marketers fear business shutdown, reject Dangote’s fuel distribution plan
Photo caption: National President, Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry Oil marketers under the aegis of the Petroleum Products Retail Outlets
