Crude Production

February 01, (THEWILL) - Former Vice President Atiku Abubakar has faulted the decision of the Federal Government, directing the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales proceeds from the Nigerian National Petroleum...

January 31, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of...

January 29, (THEWILL) - The Lekki Deep Seaport, Lagos, on Monday, received the first Liquefied Natural Gas (LNG) vessel, operated by French shipping giant CMA/CGM. Named MV SCANDOLA, the Vessel was received by Lagos State Governor, Babajide Sanwo-Olu. It berthed...

January 24, (THEWILL) - If President Bola Ahmed Tinubu is staid or rather sincere with sanitising the nation’s oil revenue earnings and rebooting the battered Nigerian economy, the question he should be asking the Nigerian National Petroleum Company Limited...

January 20, (THEWILL) - As the Dangote Refinery commences production, the National Patriotic Elders Forum has advised President Ahmed Bola Tinubu, to ensure the sale of Nigeria's crude oil to the refinery in Naira. In a statement issued to newsmen...

January 17, (THEWILL) - Nigeria’s oil output on a month-on-month (MoM) basis rose to 1.4 million barrels per day (bpd) in December 2023, the Organisation of Petroleum Exporting Countries (OPEC) disclosed in its Monthly Oil Market Reports (MOMRs) for...

January 12, (THEWILL) - Dangote Petroleum Refinery in Lagos has commenced the Production of diesel and aviation fuel. Earlier, the company, which received its fifth shipment of crude cargo on Thursday, January 4, 2024, in a statement, said production would...

December 31, (THEWILL) - Contrary to expectations anchored on the renewed hope agenda of the Bola Tinubu Administration, the Port Harcourt Refinery, again, failed to resume actual production in December 2023 as promised. And this is roundly disappointing. During the...

December 28, (THEWILL) - The management of NNPC Exploration and Production Limited (NEPL), Shoreline Natural Resources Limited and Heritage Energy Operational Services Limited (HEOSL) have been urged to disregard the protest over the pipeline surveillance contract for Isoko area...

December 26, (THEWILL) - The Air Component of Operation Delta State, Nigerian Air Force (NAF), on Saturday, December 23, destroyed six illegal oil refining sites in Opu Arugbana in Degema Local Government Area of Rivers State. Director of Public Relations...