Business FPSO to increase Oil Production by over 40,000 bp– Lokpobiri Toyibat Ajose Oct 13, 2024 The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has praised the progress on the Floating Production…
News NNPC declares State of Emergency on Oil Production Toyibat Ajose Jul 3, 2024 The Nigerian National Petroleum Company (NNPC) Limited has declared a state of emergency for oil and gas production in Nigeria.
Business How COVID-19 helped reduced cost of oil production in Nigeria –… Oluwadamilare Emmanuel Aug 18, 2021 The Minister of State for Petroleum Resources, Chief Timipre Sylva, says COVID-19 had helped to reduce the cost of crude oil…
Business Senate queries NNPC over high cost of oil production Oluwadamilare Emmanuel Jun 2, 2020 Members of the Senate Committee on Finance on Monday queried the Nigerian National Petroleum Corporation (NNPC) over what they…
Nigeria’s oil production hits 2.07mbpd in Q1 2020 Oluwadamilare Emmanuel May 26, 2020 Nigeria’s crude production stood at 2.07 million barrels per day during the first quarter of 2020, the country’s highest level in!-->…
Attack: Full oil production resumes month end – Saudi Arabia Oluwadamilare Emmanuel Sep 18, 2019 Saudi Arabia’s energy minister Abdulaziz bin Salman said that half of the crude oil production that was disrupted due to the!-->…
Nigeria to cut oil production by 100% in October – Sylva Oluwadamilare Emmanuel Sep 13, 2019 The Minister of State for Petroleum, Timipre Sylva on Thursday said that Nigeria has agreed to cut oil production by 50% this!-->…
OPEC reduces Nigeria’s oil production quota to 1.68 million bpd from… Oluwadamilare Emmanuel Dec 21, 2018 Nigeria is expected to cut its crude oil production by 3.04 per cent to 1.685 million barrels per day for the first half of next…
Oil Production Cost Per Barrel Down To $20 – NNPC Cecilia Oluyori Mar 6, 2018 The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, represented by NNPC’s Chief…