The Nigerian government, in collaboration with major refineries such as Dangote Petroleum Refinery and eight others, is preparing for significant oil processing in the first half of 2025. The refineries will require 770,500 barrels of oil per day (bopd) for processing from January to June 2025. This comes as the.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled its 2025 budget, which is based on a target crude oil production of 2.062 million barrels per day at a price of $75 per barrel. Currently, Nigeria’s production stands at approximately 1.7 million barrels per day, leaving a gap of about.
Nigeria’s oil sector has experienced a much-needed boost, as the country’s oil production showed a significant rise in December 2024. According to the most recent data published by the Organisation of Petroleum Exporting Countries (OPEC) in its January 2024 Monthly Oil Market Report (MOMR), Nigeria’s oil production, excluding condensates, reached.
Data business in the oil and gas sector could hit as much as $145.9 billion by 2032, rising at a compound yearly growth rate of 16.5 per cent for the next decade. This is coming despite the divestment and push from fossil fuel. The current market value of data in.
This followed interventions and engagements with government agencies and institutions, including the NNPC. The union expressed gratitude to NNPC’s Group Managing Director, Mr Mele Kyari and his team of professionals over the roles they played in positively resolving the impasse. It stated that: “NNPC’s management has once again proven to.
The Nigerian government has directed the exploration company, AITEO Eastern Exploration and Production Company Limited to shut down operations of Santa Barbara oil fields in Nembe Local Government Area of Bayelsa state to address the oil spill that happened at the location. The spill occurred on November 5, 2021 within the proximity of.
The Federal Government has stated that the country is currently on track as regards policies and strategies that will turn the country into Africa’s investment hub in the oil and gas industry. Permanent Secretary Ministry of Petroleum Resources, Dr Nasir Sani-Gwarzo, who disclosed this stated that cooperation with other countries.
Energy Smart NG (ESN Petroleum Services Ltd) owners of Energy Smart Fuel Card is a registered licensed virtual Oil & Gas Marketing business, developing and marketing fleet fueling management and payment solutions relying on technology
Unlocking the Power of Driver Intelligence in Fleet Management
Nigeria’s Oil Production and Refining Forecast for 2025: Meeting Domestic Demands and Strengthening the Sector
NUPRC’s Plan to Close Nigeria’s Crude Oil Production Gap and Secure Revenue for the 2025 Budget
The Call for Increased Funding: Addressing Nigeria’s Road Maintenance Challenges
This Website and its Original content is copyrighted and protected by the laws of Nigeria
