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Tag "crude oil production"

Nigeria to meet OPEC output quota by May 2023, says Sylva

    Nigeria to meet OPEC output quota by May 2023, says Sylva

Timipre Sylva, minister of petroleum resources, says Nigeria should meet the production quota set by the Organisation of Petroleum Exporting Countries (OPEC) in May 2023. The minister said this in

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OPEC: Nigeria contributed highest to global oil output in October

    OPEC: Nigeria contributed highest to global oil output in October

Nigeria contributed mainly to the increase in global crude oil production in October, according to the Organisation of the Petroleum Exporting Countries (OPEC). The global oil cartel said this in

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Shell completes maintenance of 225,000bpd Bonga floating production storage

    Shell completes maintenance of 225,000bpd Bonga floating production storage

Shell Nigeria Exploration and Production Company Limited (SNEPCo) says the 2022 Turnaround Maintenance (TAM) of the Bonga Floating Production Storage and Offloading (FPSO) vessel has been completed. Abimbola Essien-Nelson, media

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Nigeria fintech conference, eNaira anniversary… 7 top business stories to track this week

    Nigeria fintech conference, eNaira anniversary… 7 top business stories to track this week

Here are the seven top business news you need to track this week — October 24 to October 28 2022 NIGERIA FINTECH WEEK The Nigeria fintech week (NFW) 2022 edition

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NNPC sets up new contract deal as crude volumes fall short of DSDP arrangement

  NNPC sets up new contract deal as crude volumes fall short of DSDP arrangement

Dwindling crude production has forced the Nigerian National Petroleum Company (NNPC) Limited to set up a new contract deal with

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OPEC: Nigeria lost Africa’s biggest oil producer spot in August

  OPEC: Nigeria lost Africa’s biggest oil producer spot in August

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria recorded the highest drop in oil production in August. The

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Nigeria’s oil production rose by 133,000 to 1.16m bpd in June

  Nigeria’s oil production rose by 133,000 to 1.16m bpd in June

Nigeria’s oil production increased to an average of 1.16 million barrels per day (bpd) in June from 1.02 million recorded

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OPEC: Nigeria’s daily oil production fell to1.17m barrels in December

  OPEC: Nigeria’s daily oil production fell to1.17m barrels in December

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s daily crude oil production fell to 1.17 million barrels in December

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