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Crude Oil Production

14 Nov
The Niger Delta Youth Congress (NDYC) has commended the leadership of the Nigerian National Petroleum Company Limited (NNPC Ltd) for achieving a significant increase in Nigeria's crude oil and gas production capacity.
12 May
The continued delay in the clearance of the MT Prestigious vessel by the Nigerian Navy may be posing threat to production of 100,000 barrels per day (bpd) of crude oil by Newcross Exploration And Production Limited.
15 Apr
Some financial experts have urged the Federal Government to invest more in increased crude oil production and end oil theft as panacea to achieve the 2.5 million barrels target.
29 Jan
The Oil Producing States Progressives Association has refuted allegations against the Chief of Naval Staff (CNS), Vice Admiral Emmanuel Ogalla, published by an online medium recently. The association urged President Bola Ahmed Tinubu to dismiss what they termed "fallacious and baseless" claims, asserting that the allegations were an attempt to divert attention from the ongoing…
25 Dec 2023
Social Economic Rights and Accountability Project (SERAP) has sued Nigerian National Petroleum Company (NNPC) Limited at the Federal High Court, Abuja over failure to disclose details of Nigeria’s daily oil production, exportation and revenues generated from oil since the removal of subsidy on petrol in May 2023. Former Governor of the Central Bank of Nigeria…
16 Dec 2023
Sen. George Akume, the Secretary to the Government of the Federation, says the efforts of the Nigerian Navy have led to increased daily crude oil production to about 1.5 million barrels per day as of November.

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