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Nigeria crude oil production

New Crude Oil Evacuation Routes Will Curb Oil Theft, Boost Production – CEGA

The Centre for Energy Governance and Accountability (CEGA) has commended the federal government for approving 37 new crude oil evacuation routes, saying the move will help to significantly reduce oil theft, improve transparency, and boost Nigeria’s oil production. The group’s commendation followed

July 27, 2025

Business·Oil & Gas

Naira-for-crude Deal Could Have Negative Impact On Nigeria’s Economy – Depot Owners

Executive Secretary of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Olufemi Adewole, has warned that continuing with the implementation of the naira-for-crude policy could have a negative impact on Nigeria’s economy. Oluwole stated that the sale of crude oil

March 25, 2025

Business·Oil & Gas

Heirs Energies Leadership Forum 2025 Rallies Public, Private Sector Leaders To Drive Nigeria’s Oil Production Growth

Leaders from the public and commercial sectors have gathered at the Transcorp Hilton Abuja for an inaugural Petroleum Industry Leadership Dialogue, organised by Heirs Energies, an indigenous integrated energy firm, with the goal of accelerating Nigeria’s output development. CEO of Heirs Energies,

February 24, 2025

Israel-Iran Crisis: Crude Oil Prices Will Rise Above $90 Per Barrel If Conflict persists

Finance & Economy

2025 Budget: Nigeria Govt Projects 2.06mbpd Crude Oil Production At $75

The Nigerian government has projected crude oil production to be around 2.06 million barrels per day (mbpd) in 2025. The government also set the oil price benchmark at $75 per barrel in the 2025 Budget President Bola Tinubu, who stated these while

December 18, 2024

NNPC E&P, NOSL Begin Oil Production In Akwa Ibom OML 13, Target 40,000 bpd By Month End

Business·News·Oil & Gas

NNPC Hits 1.8mbpd Oil Production, Eyes 2mbpd By Year End

The Nigerian National Petroleum Company Limited (NNPCL) says collaboration with its partners has enabled it to increase crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4 standard cubic feet per day (scfd). The company which made this known

November 14, 2024

NNPCL Crude Sales In Naira Will Boost Economy - Nigerian Govt

Business·News·Oil & Gas

How NNPCL Crude Sales In Naira Will Boost Economy

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, on Tuesday held a strategic meeting with relevant stakeholders in Abuja to ensure implementation of President Bola Tinubu’s directive for the Nigerian National Petroleum Corporation Limited (NNPCL) to sell crude

August 14, 2024

News·Oil & Gas

NNPCL Exports 950,000 Barrels Cargo Of New Crude Oil Grade To Europe

A new crude oil grade called Utapate has been unveiled to the global market by the Nigerian National Petroleum Company Limited (NNPCL). The first cargo of 950,000 barrels of the Utapate crude oil mix was exported to Spain in July from Oil

August 6, 2024

Business·News·Oil & Gas

TotalEnergies Sells Onshore Oil Asset In Nigeria To Chappal Energies For $860m

TotalEnergies has signed a Share Purchase Agreement (SPA) with Mauritius-based energy firm, Chappal Energies, to sell its minority interest in a Nigerian onshore oil joint venture for $860 million. The French energy group announced this in a statement released on Wednesday, 17

July 17, 2024

Business·News·Oil & Gas

Aiteo Resumes Production After Spill In Nembe Oilfield

Aiteo Eastern Exploration and Production Company (AEEPCO) has announced resumption of oil production after days it stopped due to a spill in its Oilfield in Nembe, Bayelsa State. The reopening, followed a joint investigative visit to the spill site by all stakeholders,

June 23, 2024

Business·News·Oil & Gas

NNPC E&P, NOSL Begin Oil Production In Akwa Ibom OML 13, Target 40,000 bpd By Month End

NNPC E&P and Natural Oilfield Services Ltd, a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd. (SEEPCO), have begun oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State.

May 13, 2024

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Nigeria crude oil production

New Crude Oil Evacuation Routes Will Curb Oil Theft, Boost Production – CEGA

Naira-for-crude Deal Could Have Negative Impact On Nigeria’s Economy – Depot Owners

Heirs Energies Leadership Forum 2025 Rallies Public, Private Sector Leaders To Drive Nigeria’s Oil Production Growth

2025 Budget: Nigeria Govt Projects 2.06mbpd Crude Oil Production At $75

NNPC Hits 1.8mbpd Oil Production, Eyes 2mbpd By Year End

How NNPCL Crude Sales In Naira Will Boost Economy

NNPCL Exports 950,000 Barrels Cargo Of New Crude Oil Grade To Europe

TotalEnergies Sells Onshore Oil Asset In Nigeria To Chappal Energies For $860m

Aiteo Resumes Production After Spill In Nembe Oilfield

NNPC E&P, NOSL Begin Oil Production In Akwa Ibom OML 13, Target 40,000 bpd By Month End

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