Nigeria’s daily oil production hits 1.5m per barrel
Abuja, June 7, 2023: Nigeria’s crude oil production increased to an average of 1.51m barrel per day in the first ...
Tag: Oil
Oil price increases as Saudi production cut production
Oil prices were on the rise on Monday following Saudi Arabia’s announcement that it would cut its oil output by ...
Six suspected oil thieves in NNPC’s net
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has intercepted an illegal Crude Oil Barge and arrested six ...
Nigeria’s oil, condensate reserves stand at 36.966 bbl in January
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s oil and condensate reserves as at Jan. 1, stands at ...
FG assures collaboration with OTL Africa to sanitise, drive oil sector
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has agreed to partner with Oil Trading and Logistics (OTL) Africa ...
Buhari inaugurates first oil drill in Nasarawa
President Muhammadu Buhari on Tuesday inaugurated the first drilling of the Ebenyi-A Exploration Well located in the Middle Benue Trough ...
Oil exploration in Nasarawa to increase Nigeria’s reserves – NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPC Ltd) says the positive outcome of Ebenyi-A Exploration Well would contribute to national ...
New oil, gas discoveries indicate huge gas reserves in Nigeria – Expert
An Oil and Gas Expert, Prof. Olanrewaju Aladeitan, has lauded the new oil and gas discoveries in Nigeria, which indicated ...
NUPRC moves to assist awardees to develop marginal fields
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says it is planning a production based lending engagement to assist the 2020 ...
Oil Mining Lease: NNPC 18 Operating Ltd replaces Eroton
The non-operating Joint Venture (JV) partners of Oil Mining Lease (OML) 18 have appointed the NNPC Eighteen Operating Limited as ...
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