Nigeria’s crude oil production increases by 70,000bpd
Nigeria’s crude oil production increased by 70,000 barrels per day in May according to a Reuters Survey released on Tuesday. ...
Tag: Oil
Court restrains issuance of licences on marginal oil fields
The Federal High Court sitting in Yenagoa has restrained the Federal Government from issuing licences on marginal oilfields in the ...
Nigeria, Cote d’Ivoire to deepen bilateral relations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Ivorian National Bureau of Technical Studies and Development (BNEDTD) are ...
Nigeria’s crude oil reserve increases to 37b barrels
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s oil and condensate reserves status as at Jan. 1, 2022 ...
Nigeria looks up to gas as gradual process of exiting from crude oil
The Federal Government of Nigeria says it is focusing on exploitation of gas to close the gap that can be ...
Investment in upstream oil, gas drop records 50%
The Society of Petroleum Engineers International on Wednesday, said investment in production of crude oil in the past five years, ...
Local content in oil sector grows to 42%
The Nigerian Content Development and Monitoring Board (NCDMB) says it has grown Nigerian content in the oil and gas sector ...
OPEC daily basket price now $108.81 per barrel
The Organisation of the Petroleum Exporting Countries (OPEC) price for basket of 13 crude oil samples stood at $108.81 per ...
Nigeria confirms oil leak, theft
The National Oil Spills Detection and Response Agency (NOSDRA) has confirmed an oil leak from a 12-inch Benisede-Brass Creek Delivery ...
OPEC reports drop in Nigeria’s crude oil production
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production declined to an average of 1.354 million ...
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