Nigeria’s oil production has soared to 1.8million barrels per day (mbpd) surpassing the 1.5mbpd (Organisation of Petroleum Exporting Countries) quota. This was disclosed by the Nigerian National Petroleum Company Limited (NNPC Ltd.) at a press briefing in Abuja yesterday. According…
The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has commended the progress of work on the Floating Production Storage and Offloading facility in Lagos, a joint venture between Nigerian National Petroleum Company Limited. and Century Nigeria Limited, in…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has said the agency is confident that it can increase crude oil production from 1.7 million barrels per day to 3 million. Speaking in Abuja during the weekend at a Stakeholders Engagement…
In a pivotal meeting with the Special Adviser to the President on Energy, Mrs. Olu Verheijen, a delegation from the Petroleum Technology Association of Nigeria (PETAN), led by Chairman Engr. Wole Ogunsanya, emphasised the urgent need to bolster indigenous capacity…
The average daily crude oil production in Nigeria during the second quarter of 2024 has dropped from 1.5 million barrels per day (bpd) to 1.4 million bpd. This information comes from the latest data released by the Nigeria Bureau of…
…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…
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 the nation’s critical hydrocarbon infrastructure.…
NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd (SEEPCO) have announced the commencement of oil production at Oil…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) over the weekend confirmed the data from the Organisation of Petroleum Exporting Countries (OPEC), which revealed a decline in Nigeria’s oil production for the second consecutive month this year. Data on crude drilling…
The Nigeria Upstream Petroleum Regulatory Council (NUPRC) has ordered players to supply around 483,000 barrels per day (bpd) of crude oil to local refineries for the first six months of 2024. This directive is issued by the Nigeria Upstream Regulatory…
