In Key Breakthrough, Nuprc Data Confirms Nigeria’s 1.5 Million Bpd OPEC Oil Output
Wedoany.com Report-Jan 13, Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria’s crude oil production reached 1.5 million barrels per...
Asia’s EV Boom Sours Appetite for Nigeria’s Oil
Wedoany.com Report-Jan 10，The growing adoption of electric vehicles (EVs) and liquefied natural gas (LNG) as preferred energy sources in Asia has continued to weaken Nigeria’s crude oil export ea...
Dangote Refinery Builds Eight More Tanks for Imported Crude
Wedoany.com Report-Jan 10，The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil. A report by Africa Report has it that the refinery is ram...
Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets
Wedoany.com Report-Jan 8，Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top managem...
Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri
Wedoany.com Report-Jan 5,The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil production by 2025. Nige...
Nigeria’s 2 Million Bpd Oil Production Target Under Threat
Wedoany.com Report-Dec 30,The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors responsible for...
NUPRC to Launch New Oil Licensing Round in 2025
Wedoany.com Report-Dec 21,The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025. NUPRC Chief Executive Officer Gbenga Komola...
Oil Spill Occurs in Nigeria Due to Pipeline Rupture
Wedoany.com Report-Dec 18,An oil spill occurred at the Shell loading terminal in Nigeria’s Delta region after a pipeline ruptured, Nigeria’s maritime agency said on 15 November. The Nigeri...
Nigeria’s Oil Sector Gets 30,000BPD Boost
Wedoany.com Report-Dec 17,In a landmark development for Nigeria’s oil and gas sector, Oriental Energy Resources Limited has launched a $315 million Floating Production, Storage, and Offloading (...
Oil Production Hits 1.7mbpd – FG
Wedoany.com Report-Dec 13,The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in November 2024, up...