Nigeria’s Petrol Imports Rise 9% as Domestic Refinery Supply Drops 21%
Nigeria's effort to reduce dependence on imported petrol has suffered a setback as domestic refinery supplies fell sharply in July...
Tag Archives: #NigeriaOil
NNPC Says All Available Naira-for-Crude Cargoes Were Supplied to Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPC) has insisted that it supplied all available crude oil cargoes allocated to the...
Tinubu Resolves 15-Year OPL 245 Dispute, Clears Path for Major Deepwater Oil Investments
President Bola Tinubu has successfully overseen the resolution of the long-standing OPL 245 dispute, signing a settlement with ENI and...
Nigeria’s Crude Oil Output Slips in December as OPEC Peers Record Gains
Nigeria’s crude oil production declined slightly in December, underperforming several of its peers within the Organisation of Petroleum Exporting Countries...
Nigeria Launches ‘1MMBOPD’ Bid Initiative to Boost Crude Oil Production
In a bold move to significantly enhance Nigeria’s crude oil production, President Bola Tinubu launched the ‘1MMBOPD’ Initiative on October...
FPSO Upgrade: Nigeria Set to Boost Oil Production Capacity – Lokpobiri
The Nigerian government is taking significant steps to boost its oil production capacity with the local upgrade of the FPSO...