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 ...
Tag: Oil
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 ...
Indigenous Oil Services Expert proffers solution to oil theft
An Indigenous player in the energy sector, Mr Victor Ekpenyong, has urged the federal government and oil firms to leverage ...
Increase in crude oil price, energy disruption call for security
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says global increase in crude oil price occasioned by the conflict between Russia ...
Nigeria moves to halt crude oil theft, protect national asset
The Federal Government says it is determined to stop the devastation occasioned by the activities of illegal refiners, pipeline vandalism ...
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