Crude

Nigeria’s Crude Oil Reserve Increases To 37 Billion Barrel

Nigeria’s Crude Oil Reserve Will increase To 37 Invoice…

The Nigerian Upstream Petroleum Regulatory Fee (NUPRC) mentioned that the nation’s oil and condensate reserves standing as of Jan. 1, 2022, is 37.046 billion barrels. This represents a slight improve of 0.37 % in comparison with 36.910 billion barrels as of Jan.1, 2021. Fee Chief Government (CCE), NUPRC, Gbenga Komolafe mentioned this on Friday in Abuja at …

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Nigeria’s Crude Oil Production Dropped In March – OPEC

Nigeria’s Crude Oil Manufacturing Dropped In March …

The Organisation of the Petroleum Exporting Nations (OPEC) has introduced that Nigeria’s crude oil manufacturing declined to a mean of 1.354 million barrels per day in March 2022. OPEC made this identified in its Oil Market Report for April 2022 on Tuesday in Lagos. The report stated the determine confirmed a lower of 24, 000 barrels …

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Increase In Crude Oil Price, Energy Disruption Call For Secu

Improve In Crude Oil Worth, Power Disruption Cal…

The Nigerian Upstream Petroleum Regulatory Fee (NUPRC) has mentioned that the worldwide improve in crude oil worth occasioned by the battle between Russia and Ukraine and the following power disruption name for geopolitical power safety and sustainability. The Fee’s Chief Govt, NUPRC, Gbenga Komolafe, made this recognized on Thursday in Abuja on the Oloibiri Lecture Sequence and …

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NUPRC Sets Up Panel To Verify Crude Loss Claims

NUPRC Units Up Panel To Confirm Crude Loss Claims

The Nigerian Upstream Petroleum Regulatory Fee (NUPRC) has assembled a workforce of consultants to hold out thorough auditing of actions of operators within the upstream petroleum {industry} within the final two years. The fee mentioned that the audit would confirm the precise quantity of crude oil stolen by vandals and saboteurs in opposition to latest …

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Nigeria’s Crude Oil Production Drops To 1.417mbpd In Febru

Nigeria’s Crude Oil Manufacturing Drops To 1.417mbp…

The Organisation of the Petroleum Exporting International locations (OPEC) has mentioned that Nigeria’s crude oil manufacturing declined to a median of 1.417 million barrels per day in February 2022. OPEC made this identified in its Oil Market Report for March 2022, on Tuesday in Lagos. The report mentioned the determine confirmed a lower of 10,000 barrels per …

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Rising Crude Oil Prices Great Opportunity For Nigeria — Pr

Rising Crude Oil Costs Nice Alternative For Nige…

President Muhammadu Buhari has mentioned that rising crude oil costs current an important alternative for Nigeria, particularly with the passage of the Petroleum Trade Act (PIA). Buhari mentioned this on Monday in Abuja whereas declaring open the fifth Nigeria Worldwide Vitality Summit (NIES). The summit has as its theme: ‘Revitalising the Trade: Future Fuels and Vitality …

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Crude Price Surge: FG To Spur Oil Production To Take Global

Crude Worth Surge: FG To Spur Oil Manufacturing To Ta…

The Minister of State for Petroleum Assets, Chief Timipre Sylva, has mentioned that the Federal Authorities is deepening efforts to spur oil manufacturing to make the most of international crude oil costs. Sylva mentioned this in Abuja whereas briefing newsmen on the forthcoming Nigeria Worldwide Vitality Summit (NIES 2022) slated from Feb. 27 to March 3. …

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Nigeria’s Crude Oil Production Increased To 1.398mbpd In J

Nigeria’s Crude Oil Manufacturing Elevated To 1.39…

The Organisation of Petroleum Exporting Nations (OPEC) stated that Nigeria’s crude oil manufacturing elevated to a median of 1.398 million barrels per day in January. OPEC made this identified in its Oil Market Report for February 2022, which was obtained on Thursday in Lagos. The report stated the determine confirmed a rise of 81, 000 …

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