Day: February 13, 2024

Nigeria’s oil production up by 177,000bpd in January

Nigeria inched closer to actualising her oil production output target of 1.8 million barrels per day with about 177, 000 bpd increase in production recorded in January.

According to data released on the website of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), for the National Crude and Condensate Production for December 2023 and January 2024, which records production per stream, showed that the December 2023 and January 2024 production stood at 1.55 million bpd and 1.64 million bpd respectively.
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Senate Advocates Improved Implementation Of NOGICD Act

The Chairman, Senate Committee on Local Content Senator Natasha Akpoti-Uduaghan, has emphasised the need to deepen the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD Act.

Natasha Akpoti-Uduaghan, who said this at an interactive session with the leadership of the Nigerian Content Development and Monitoring Board (NCDMB) at the Senate Building at Abuja, said the development was necessary in order to create employment opportunities from the activities in the oil industry and catalyse other sectors of the economy.… Read the rest

Port Harcourt Refinery gets 475,000 barrels of crude oil from Shell

The Port Harcourt Refining Company Limited, PHRC, has received a supply of 475,000 barrels of crude oil from the Shell Petroleum Development Company of Nigeria Limited through its Bonny Oil & Gas Terminal, BOGT.

Dr Osagie Okunbor, the Country Chair of Shell Companies in Nigeria and Managing Director of Shell Petroleum Development Company of Nigeria Limited (SPDC), disclosed this in a statement on Monday.… Read the rest