Category: Oil/Gas Reports

Nigeria’s crude oil production rose in February – OPEC

Nigeria’s crude oil production rose to 1.476 million barrels per day in February, from 1.429 million bpd recorded in January, an increase of 47,000 barrels, an OPEC survey, which cites secondary data sources, said. The post Nigeria’s crude oil production rose in February – OPEC appeared first on Premium Times Nigeria. Powered by WPeMatico

NNPC seeks EFCC support to fight crude oil theft

“As we continue to do our best to deepen transparency and stamp out corruption from the system, there is one big challenge that you will need to help us with, Mr Chairman. That challenge is crude theft,” Mr Kyari said. The post NNPC seeks EFCC support to fight crude oil theft appeared first on Premium […]

Tinubu signs executive orders to revamp oil, gas sector

The order will include the Introduction of incentives to stimulate non-associated gas projects, midstream developments, and deepwater ventures. The post Tinubu signs executive orders to revamp oil, gas sector appeared first on Premium Times Nigeria. Powered by WPeMatico

International Oil Companies not leaving Nigeria – Minister

“I want to use this opportunity to assure everyone that no IOC is leaving Nigeria. They are only going deep offshore,” Mr Lokpobiri said. The post International Oil Companies not leaving Nigeria – Minister appeared first on Premium Times Nigeria. Powered by WPeMatico

Petrol subsidy removal challenging but necessary – Tinubu

“The decision to remove the petroleum subsidy is a challenging one, but it is a step we must take to secure our energy future and foster economic growth,” Mr Tinubu said. The post Petrol subsidy removal challenging but necessary – Tinubu appeared first on Premium Times Nigeria. Powered by WPeMatico

Nigerian govt set to ban export of cooking gas

The government said this is part of its effort to tackle the rise in the price of cooking gas in the country. The post Nigerian govt set to ban export of cooking gas appeared first on Premium Times Nigeria. Powered by WPeMatico

Stop payment for petroleum products in dollars, NOGASA urges Nigerian govt

He expressed worry about requests by the Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Port Authority (NPA) that dollar payments be made for services rendered in Nigeria. The post Stop payment for petroleum products in dollars, NOGASA urges Nigerian govt appeared first on Premium Times Nigeria. Powered by WPeMatico

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