Nasarawa’s oil/gas to increase oil reserves from 37.1bn to 50bn barrels –Gov Sule
By DANJUMA JOSEPH, Lafia – Nasarawa State Governor, Abdullahi Sule, has said that the hydrocarbon resources in the state, if fully exploited, will increase […]
Crude Oil Production
We’re taking steps to restore oil production shortfall, maximise well utilisation – Lokpobiri
The Federal Government has said measures are being put in place to restore oil production in view of recent concerns regarding shortfall in oil […]
Crude oil production increases in Nigeria, Libya – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has said crude oil output increased mainly in Nigeria and Libya, while production in Iran and Iraq […]
Why Nigeria is recording increased crude oil production – Minister
The Federal Government says improved security in the Niger-Delta is responsible for the increased crude oil production to 1.65 million barrels per day as […]
Tompolo: I’ll do everything to ensure oil production increases
Dr Government Ekpemupolo, alias Tompolo has pledged to do everything possible to ensure that the daily crude oil production output continued to be […]
SERAP sues NNPC over failure to account for Nigeria’s daily oil production, revenues
By JOY ADARA, Abuja – The Socio-Economic Rights and Accountability Project (SERAP) has sued the Nigerian National Petroleum Company (NNPC) Limited over Nigeria’s daily […]
2024: NNPCL pledges to produce 2m barrels of crude oil daily
The newly appointed Board and Management team for the Nigerian National Petroleum Company Ltd (NNPCL) on Monday pledged to produce two million barrels of crude […]
NNPC says crude oil production, price benchmark for 2024 budget realistic
… Pledges to Maintain Level of Dividends Projected in MTEF By TOM CHIAHEMEN, Abuja – The Nigerian National Petroleum Company Ltd (NNPC Ltd.), has assured […]
Crude oil production, price benchmark for 2024 budget realistic – NNPCL
The Nigerian National Petroleum Company Ltd. (NNPCL) has assured that projections on crude oil production and price benchmark for the 2024 Budget were realistic […]
Nigeria will meet 1.7m bpd oil production in 2024 budget – Petroleum Minister
The Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will meet and surpass the 2024 crude oil production budget benchmark of […]
Nigeria, other OPEC members agree to cut oil production volumes
Nigeria and other members of the Oganisation of Petroleum Exporting Countries (OPEC) as well as the Non-OPEC members have agreed to cut production volumes to […]
Raise oil production to reduce 2023 budget deficit- Experts urge FG
Some financial analysts have urged the Federal Government to raise the nation’s oil production to OPEC quota, as panacea to ensure fiscal sustainability and reduce […]
Crude oil production: Angola, Libya maintain lead over Nigeria – OPEC report
Angola and Libya have for the second consecutive month maintained their lead over Nigeria as Africa’s highest crude oil producers, according to a report by […]
NUPRC moves to enhance national crude oil production
By JOY ADARA, Abuja – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it is determined to take bold and revolutionary steps, using a […]
Angola, Libya overtake Nigeria in crude oil production – OPEC report
Angola and Libya have overtaken Nigeria as Africa’s highest crude oil producer, says a report by the Organisation of the Petroleum Exporting Countries (OPEC). OPEC […]
Nigeria’s crude oil production averaged 1.238m bpd in June – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in […]
Nigeria loses 20% crude production to oil thieves daily – Oando boss
Mr Adewale Tinubu, the Group Chief Executive Officer, Oando Plc, says Nigeria is losing about 20 per cent of its crude oil production to oil […]