Nigeria’s oil output growth loses momentum, drops below 1.3mbp by 2.95% in March
Oredola Adeola Nigeria’s crude oil production growth dipped to 2.95 percent month-on-month, in March 2023, to 1,268,202 barrels per...
Exploration
#SPEOLEF2023: Nigerian Government reaffirms commitment towards gas utilisation, infrastructure, enabling environment
Oredola Adeola The Nigerian Government has restated its commitment to the effective utilisation of gas resources in the country through...
Nigerian Govt. shifts deadline for conclusion of 2022/23 deep offshore oil block mini bid round to July 28
Oredola Adeola The Nigerian Government has shifted the deadline for the submission of Technical/ commercial bid for the...
Buhari flags off second crude oil drilling project in North-central, Nigeria
Oredola Adeola The outgoing Nigerian President, Muhammadu Buhari, has flagged off the Ebenyi-A exploration crude oil well located in Obi...
Nigerian upstream regulator sets to introduce bailout funds for 2020 Marginal Oil Field licence awardees
Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed the plan to introduce hydrocarbon production-based lending engagement...
OPEC’s global market share sets to jump to 50%, as US oil producers lament over shale’s post-Covid slow growth
Oredola Adeola Oil producers in the United States and industry expert have projected that the Organization of the...
NNPC kicks out Eroton E&P as operator of OML 18, sets to boost Nigeria’s output by 30,000bpd
Oredola Adeola The Nigerian National Petroleum Company (NNPC) Limited has confirmed the takeover of operatorship of Oil Mining Lease...
Nigeria’s President-elect, Tinubu vows to increase crude oil output to 2.6mbpd, complete OB3, TNGP, AKK pipelines, other in 4 years
Oredola Adeola Asiwaju Bola Tinubu, Nigeria's President-Elect, in his election victory speech has promised to build a brighter, more productive,...
I saw the old NNPC die – Femi Adesina, SA Media&Publicity to President Buhari
I was witness to history on Friday last week. I’d been invited to attend what was called NNPC Cutover...
Large scale crude oil theft in Nigeria threatens our economy- Prof. Yemi Osinbajo
Oredola Adeola The Nigerian Vice President, Professor Yemi Osinbajo has disclosed that there is a large scale of oil...
