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Tag "crude oil production"

FG: Insufficient investment affecting Nigeria’s crude oil output

    FG: Insufficient investment affecting Nigeria’s crude oil output

The federal government says underinvestment is affecting the crude oil production output in Nigeria. Abubakar Bagudu, minister of budget and economic planning, spoke on Wednesday at the ‘Ministerial Sectoral Updates’

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Nigeria’s crude oil output close to 1.7m bpd, says Kyari

    Nigeria’s crude oil output close to 1.7m bpd, says Kyari

Mele Kyari, group chief executive officer (CEO), Nigerian National Petroleum Company (NNPC) Limited, says the country’s oil production volume is close to 1.7 million barrels per day (bpd). Kyari spoke

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FG targets crude oil production of 2m bpd by December

    FG targets crude oil production of 2m bpd by December

The federal government says it aims to increase crude oil production to at least two million barrels per day (bpd) by December.   Heineken Lokpobiri, minister of state for petroleum resources

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Crude oil production has increased to 1.6m bpd, says Kyari

    Crude oil production has increased to 1.6m bpd, says Kyari

The Nigerian National Petroleum Company (NNPC) Limited says Nigeria’s crude oil production level (including condensate) is currently at 1.67 million barrels per day (bpd). Mele Kyari, group chief executive officer

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Five African presidents to attend inauguration of Dangote Refinery on Monday

  Five African presidents to attend inauguration of Dangote Refinery on Monday

Five African presidents are expected to attend the inauguration of the Dangote Refinery alongside President Muhammadu Buhari on Monday, May

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Oil price may rise as OPEC+ cuts output by 1.15m bpd from May

  Oil price may rise as OPEC+ cuts output by 1.15m bpd from May

The kingdom of Saudi Arabia and other oil-producing countries have announced plans to cut production by 1.15 million barrels per

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NUPRC: Nigeria’s oil production rose by 3% to 1.30m bpd in February

  NUPRC: Nigeria’s oil production rose by 3% to 1.30m bpd in February

Nigeria’s oil production increased to 1,306,304 barrels per day (bpd) in February 2023. The production figure is 3.83 percent or

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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

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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

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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

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