NUPRC Calls For Action To Boost Nigeria’s Oil Sector Amid Global Competition
NURPC Chief Executive, Gbenga Komolafe, expressed deep concern over Nigeria's dwindling crude oil production
Suggestions
NNPCL Records Over N2trn Profit Amid Battle Against Oil Theft
Nigerian National Petroleum Company Limited (NNPCL) announced its historic profit of N2.548tn in 2022, marking its peak since establishment.
2024 Budget: 1.78mpd Oil Production Can Be Achieved – NNPCL Boss
Despite the drop in the crude oil production as indicated in the latest November 2023 report, Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has asserted that 1.785 million barrels of oil per day (bpd) in
Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop
The Nigerian government has expressed optimism that the country will reach and exceed the benchmark for the 2024 crude oil budget of 1.7 million barrels per barrel despite a slight decrease in oil output in November 2023.
Nigeria Tops African Oil Production In October 2023 Despite Biting Inflation
Nigeria emerged as Africa's leading crude oil producer in October 2023, boasting a daily output of 1.35 million barrels, the Organization of Petroleum Exporting Countries (OPEC), report revealed.
Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation For Refineries
The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are not made to increase the current low production
OPEC Ranks Nigeria Ahead Angola, Algeria, As Crude Output Rises To 1.29mbpd
Nigeria increased its daily crude oil production by 21,000 barrels in June to remain Africa’s largest crude oil producer, according to the Organization of the Petroleum Exporting Countries (OPEC). While Nigeria raised its production slightly, OPEC reported in its Monthly Oil Market
Featured Stories
Whatsapp Channel
Latest News
Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears
The Federal Government of Nigeria has issued its debut bond
Dollar Trades Flat In Black Market, Appreciates In Official Window
The dollar traded at N1,487.01/$1 in the parallel market on
Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty
The government of Venezuela has condemned what it described as
Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist
The Bank of Japan (BOJ) is set to raise its
Follow Us