Nigeria’s oil production now 1.6 million barrels daily – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL), says Nigeria’s oil production had increased to 1.6 million barrels per day, a…
Nigeria to attain 2million barrels daily oil production soon – Sylva
The Minister of State, Petroleum Resources, Chief Timipre Sylva, has said that Nigeria will soon attain two million barrels of…
1.3 billion litres of petrol now available – FG
About 1.3 billion litres of petrol has been imported into the country, The PUNCH has learnt. This was revealed to…
Fuel Scarcity: NNPCL begins direct supply of petrol to IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday said the management of the Nigerian National Petroleum Company Ltd.…
OPEC+ maintains status quo amid lower output from Nigeria
The Organisation of Petroleum Exporting Countries plus (OPEC+) coalition’s Joint Ministerial Monitoring Committee (JMMC) recommended no changes to the group’s…
FG admits adjusting petrol pump price, blames scarcity on smuggling
The Federal Government has admitted to adjusting the pump price of petrol to cater for the impact of high AGO…
FG constitutes 14-man committee to end fuel scarcity
The Federal Government is meeting with operators in the midstream and downstream oil sector as part of measures towards developing…
NNPCL to invest N1.9tr in 44 federal roads
The Nigerian National Petroleum Corporation Limited (NNPCL) is to invest N1.9 trillion in the reconstruction of 44 federal roads, the…
Nigeria targets to add 700,000bpd to crude oil output In 2023
Nigeria aims to produce 1.8 million barrels per day of production in the near future, Nigerian National Petroleum Corporation (NNPC)…
Again, Nigeria’s oil production falls short of OPEC quota
Nigeria’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per…