Nigeria’s Low Oil Production Threatens Local Refiners, Export Earnings
With oil production around 1.34 million barrels per day, Nigeria is facing major economic and energy security risk, according to ...
Tag: Oil Production
Nigeria Records 1.6m Oil Production Daily – NNPCL
The group managing director , Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, said the country now records 1.6 million ...
‘Idle Brownfields To Boost Nigeria’s Oil Production, Refining’
Existing idle brownfields in Nigeria have been identified as potential assets that can list Nigeria’s oil production capacity in the ...
Nigeria’s $40/barrel Oil Production Cost Major Disincentive To Investors – FG
The federal government has identified the huge cost of doing business as discouraging investment in the oil and gas sector. ...
Nigeria Resists Demand For Oil Production Cut
Nigeria is leading a resistance to the demand by Saudi Arabia asking others in the OPEC coalition to reduce their ...
Host Communities Vow To Shut Down Oil Production Over 3% PIA Fund
Oil communities in Bayelsa State Friday warned that oil production across the state may be halted if Nigerian Upstream Petroleum ...
Nigeria Requires $25bn Investment To Achieve 4m Barrels Daily Oil Production
A reconstructed energy transition agenda and annual investment of about $25 billion would help address Nigeria's energy woes and support ...
Nigeria To Achieve 1.6m Barrels Oil Production In Q1, 2023
The federal government has projected oil production to hit 1.6 million barrels of oil per day in 2023. Finance minister, ...
Oil Production Underperformance: Upstream Commission Launches Probe, Targets Full Accountability
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to commence a probe into Nigeria’s perpetual crude oil underperformance, stressing ...