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New Production of Low-sulphur Crude Rises 996,070 barrels, Says FG

New Production of Low-sulphur Crude Rises 996,070 barrels, Says FG The Federal Government has revealed that daily average production of Utapate, Nigeria’s new low-sulphur crude oil grade, has risen to 32,000 barrels per day. It disclosed this in a report obtained on Wednesday from the Nigerian...

Cabinet Reshuffle: Time for Tinubu to Sack Himself, By Lawal Dahiru Mamman

Cabinet Reshuffle: Time for Tinubu to Sack Himself By Lawal Dahiru Mamman “The primary responsibility of leadership is catering for and promoting its people to the end so that they may live a full and happy life." That was vintage late sage, Chief Obafemi Awolowo, in his...

OPEC Clocks 64, Lauds Nigeria, Tinubu’s Support

OPEC Clocks 64, Lauds Nigeria, Tinubu’s Support The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has expressed deep gratitude to Nigeria and President Bola Tinubu for their unwavering support of the organization since Nigeria joined in 1971. In a message...

OPEC Places Nigeria’s Crude Oil Production at 1.3mbpd

OPEC Places Nigeria's Crude Oil Production at 1.3mbpd Nigeria’s average daily crude oil production increased marginally to 1.307 million barrels per day in July, the Organisation of the Petroleum Exporting Countries said on Monday. OPEC’s figure is contrary to claims by President Bola Tinubu and the...

New Energy in Namibia, Ivory Coast, Others Dim Nigeria’s Oil Investment – Report 

New Energy in Namibia, Ivory Coast, Others Dim Nigeria's Oil Investment - Report  In a report by African Energy Chamber, Nigeria's spot on investors' radar screens has dimmed significantly as investors attention is increasingly drawn to new and emerging developments in Namibia, Ivory Coast, Angola,...

Crude Oil: Nigeria’s Average Daily Production Stands at 1.6mb – NUPRC

Crude Oil: Nigeria’s Average Daily Production Stands at 1.6mb – NUPRC The chief executive officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, says the country’s average daily production stood at 1.6 million barrels per day (mbpd) as of July 23. Komolafe spoke...