Crude Oil Production
Eni, the parent company of Nigerian Agip Oil Company (NAOC) on Monday declared a Force Majeure on expected oil output at its Brass terminal in Yenagoa.
Nigeria has regained the top spot among crude oil producing countries in Africa with the nation’s crude oil production averaging 1.27 million barrels per day in November.
6 Aug 2021
Gov. Ifeanyi Okowa of Delta has called for proper monitoring of Nigeria’s crude oil production to ascertain volume and ensure transparency and accountability in the oil and gas sector.
4 Sep 2019
Nigeria’s crude oil production may witness a steady decline to approximately 7.93 per cent before 2025, a new research, conducted by U.S.-based Orbis Research has said.Being the same year Nigeria has targeted to increase oil reserve to about 40 billion and daily production....
15 May 2018
Nigeria’s crude oil production including condensate reached 2.069 million barrels per day (mbpd) in April 2018, according to data from the Federal Ministry of Petroleum Resources.
16 Jan 2018
Nigeria’s crude oil production, including condensate hit 2.057 million barrels per day (bpd) in the month of December 2017.
15 Sep 2017
Crude oil production freeze is now imminent for Nigeria, as the country’s oil production increased by 138,300 barrels per day (bpd) from the 1.723 million (bpd in July to 1.861million bpd, according to the latest report from the Organisation.....
7 Aug 2017
Its Group Managing Director (GMD), Dr. Maikanti Baru, said this at the inauguration of the members of the corporation’s re-constituted anti corruption committee in Abuja.
7 Jul 2017
The Federal Ministry of Petroleum Resources has put Nigeria’s crude oil production, including condensate at 2.025 million barrels per day in June 2017.Besides, the agency said the Federal Government is yet to secure funding for the rehabilitation of the country’s refineries.
6 Apr 2017
March Facts and Figures from the Ministry of Petroleum Resources attributed the reduction in crude oil production to the routine repair work going on at Shell Nigeria Exploration and Production Company Limited (SNEPCo) 250,000 bpd capacity Bonga Floating Production Storage and Offloading (FPSO).
15 Mar 2017
The Nigerian Content Development and Monitoring Board (NCDMB), has said it will fast track upcoming projects of the international oil companies (IOCs) with a view to increasing Nigeria’s crude oil production.