The Spokesperson for the Nigeria Customs Service (NCS), Abdullahi Maiwada, has said Nigeria’s crude oil production has reached 1.66 million barrels per day. Maiwada disclosed this during the monthly news conference, organised by the Strategic Communication Interagency Policy Committee(SCIPC) hosted…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has finalised an agreement with the Nigerian National Petroleum Corporation (NNPC) Limited to sell crude oil to Dangote refinery in local currency, the naira. This is contained in a statement by…
The State Minister of Oil, Heineken Lokpobiri, has insisted that the country is producing 1.7 million barrels of crude oil daily including condensates. Lokpobiri made this disclosure during a keynote speech at an energy summit in Abuja. He said the…
The Petroleum and Natural Gas Senior Association of Nigeria (PENGASSAN) says it will not relent, until victory is achieved in the fight against crude oil theft. The President of the association, Festus Osifo, stated this on Wednesday in Abuja at…
The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October. This is according to a statement by the Director Press and Public Relations, Federal Ministry of Finance and Economic Planning, Mr…
President Bola Tinubu has directed the Nigerian National Petroleum Company Limited to sell crude oil to Dangote Refinery and other upcoming refineries in Naira. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, made this known in…
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has said that the country’s average daily production stood at 1.61 million barrels per day as of July 23. Komolafe disclosed this at the House of Representatives Special…
President Bola Tinubu has directed security agencies to improve the security architecture to ensure the production of 2.1 million barrels of crude oil per day. Gen. Christopher Musa, Chief of Defence Staff (CDS), said this while briefing State House correspondents,…
…Pledges support to NNPC Ltd The National Assembly has thrown its weight behind NNPC Ltd’s ongoing efforts to boost Nigeria’s crude oil production and grow its reserves, saying it will consider stiffer consequences for crude oil thieves and vandals of…
Nigeria’s average daily crude oil production increased to 1.27 million barrels per day (mbpd) in June 2024, fresh data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. According to the Monthly Oil Market Report (MOMR) released on Wednesday,…
