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Between 1999 and 2020, the federal government earned $741.48 billion from oil and gas sales, according to data from the Nigerian Extractive Industries Transparency Initiative (NEITI) but this hasn’t translated into much valueRead More
OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria and Iran despite ongoing cuts by Saudi Arabia and other membersRead More
The prices of crude oil took a significant tumble on Wednesday, as demand concerns loom large amid broader economic challenges. Brent crude oil futures experienced a sharp decline, falling by $2.02 or 2.22Read More
The current pump price of petrol in Nigeria is N617 per liter. This is significantly higher than the pre-subsidy price of N184 per liter. The removal of the petrol subsidy has been aRead More
BIL is an international company with indigenous roots, born out of the passion for providing innovative solutions to the oil and gas industry.
