crude oil production
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Nigeria NNPCL Achieves 1.8 Million Barrels Per Day, Aims for 2M by December
NNPCL has achieved a major milestone, reaching 1.8 million barrels per day (mbpd) in crude oil production. The company is on track to meet President Bola Tinubu's target of 2 million barrels per day by December 2024. Additionally, NNPCL has increased gas production to 7.4 mmscf. The Nigerian...- Nigeria News
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- 2 min read
- crude oil production gas production nnpcl president bola tinubu
- Category: Business
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Nigeria Naira Plummets: Now Third Worst Currency as Liquidity Issues Persist
Nigeria's Naira has fallen to the world's third worst-performing currency, losing about 70% of its value against the dollar. A recent 4.3% drop to 1,670.65 Naira per dollar highlights ongoing liquidity issues in the foreign exchange market, exacerbated by declining crude oil production. The...- Nigeria News
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- 2 min read
- crude oil production currency devaluation foreign exchange market naira nigeria economy
- Category: Business
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Nigeria Nigerians Stunned as NUJ Honors Tompolo for Enhancing Internal Security and Boosting Oil Production
High Chief Government Oweizide Ekpemupolo, also known as Tompolo, Chairman of Tantita Security Services, has pledged to contribute to the increase in daily crude oil production to enhance the nation's revenue. The commitment came during a ceremony in Oporoza, Delta State, where Tompolo received...- Nigeria News
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- 1 min read
- crude oil production delta state news nuj award tompolo
- Category: Metro
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Nigeria’s crude oil production lags budget benchmark by 277,000 bpd – Vanguard News
Nigeria’s crude oil production stood at 2.022 million, bpd in March, 277,000 bpd below the 2.3 million bpd benchmark for budget 2018, indicating, the country is still struggling to step up production to meet the budget benchmark. Oil pipeline Data obtained by Vanguard from the … Read more...- curator
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Business Fear Grips FG As Nigeria Loses 14 Billion Naira Daily
Tension grips government circles on Friday as strong indications emerged that the Federal Government, International Oil Companies (IOCs) and other indigenous oil producers may be losing up to N14.4 billion daily to attacks on oil installations and pipelines by the Niger Delta Avengers (NDA)...- ProfRem
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Business Nigeria's Crude Oil Production Drops to 1.2 Million Barrels Per Day
Nigeria’s oil production has continued to plummet as it, yesterday, stood at 1.2 million barrels per day, against the 1.4 million barrels recorded last week. Group General Manager, Public Affairs, Nigeria National Petroleum Corporation, NNPC, Garbadeen Mohammed, said: “Our production is not...- ProfRem
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- crude oil production niger delta avengers nigeria nnpc
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