In this article we discussed the offshore side of oil production and furthermore explained the advantages and the challenges facing the it. Offshore oil production plays a vital role in meeting global energy demands, with Nigeria being
In this article, we discussed Nigeria’s oil export, export volumes, destination, major export terminals and challenges facing its export. Nigeria’s oil export is a critical component of the country’s economy, but faces numerous challenges. Nigeria is Africa’s
Herein this post, we delved into the main oil producing countries in Africa, we listed the countries and explained the oil barrels produced by each. The African continent is home to five of the top 30 oil-producing
The federal government has said Oil sector will attract $5bn investments this year, in this article we will be discussing how it will achieve such target. The Federal Government, on Tuesday, said about $5bn worth of investments
In this article, petroleum producers express concern on Nigeria’s oil production which is declining and seeks for urgent reversal. The Independent Petroleum Producers Group (IPPG) has expressed worries over Nigeria’s oil production decline, saying there is an
Herein this post, the organization of petroleum exporting countries (OPEC) stated that Nigeria’s crude oil production drops by 7.94%. The Organization of Petroleum Exporting Countries (OPEC) has stated that Nigeria experienced 7.94% month-on-month decline in crude oil
In this article we discussed on what FG. said about oil earnings: which rose by n450bn in two months and how it can be beneficial to investors. The Federal Government, through the NUPRC, recently announced a new
In this post, we explained the challenges being faced by Dangote, PH refineries and others due to the shortage of crude oil. Heineken Lokpobiri, the Minister of State Petroleum Resources (Oil) has shown concern about the crude
In this post, NUPRC said the upcoming ‘closed’ bid round for the sale of oil and gas blocks this year was legal and in line with the provisions of PIA. In a pre-emptive move to remove any
In this article, Nigerian Upstream Petroleum Regulatory Commission discusses the measures taking by the federal Government to boost oil production The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has said that it has adopted measures that would tackle
In this article, the federal government has warned oil thieves to desist forthwith or faced the full wrath of the law. The Federal Government has issued a sound warning to those stealing crude oil to stop the
This post discusses NUPRC collaboration with the police in order to fight oil theft which has risen and become a thing of concern in the country. In a bid to arrest the daunting challenge of oil theft
This article discusses the oil production in Nigeria in 2024, as the minister of state petroleum assures that target of 1.7 million bpd will be met. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri,
This article discusses the crude oil production, price benchmark for 2024 budget as realistic according to the Nigerian National Petroleum Company. The Nigerian National petroleum company ltd. (NNPC LTD.) has assured that projections on crude oil