– No shoreline or communities have been impacted Lagos — Nigeria’s maritime agency has said authorities are closely monitoring and…
Browsing: Qua Iboe terminal
Lagos — Exxon Mobil has lifted a force majeure on Nigeria’s Qua Iboe crude oil exports. This is according to…
OpeOluwani Akintayo Lagos — Statistics from the Nigerian National Petroleum Corporation, NNPC’s, newly-released monthly report for May has shown that…
OpeOluwani Akintayo 19 December 2018, Sweetcrude, Lagos — Nigeria suffered a daily average crude oil production deferment of 725,859 barrels…
OpeOluwani Akintayo 25 January 2018, Sweetcrude, Lagos – Nigeria lost over $14 billion to oil production deferments in 2016, according to…
OpeOluwani Akintayo with Agency report 24 December 2017, Sweetcrude, Lagos — Nigeria’s crude oil witnessed “little activity” at the market…
“Gas which is classified as clean energy will, in addition to the promise of energy security, provides efficient fuel for power generation and reduces air pollution leading to improved quality of life.”
The corporation stated that crude oil production in the country averaged 2.01 million barrels per day in July 2017.
It said the 2.01 million bpd crude production represented 3.15 per cent increase in contrast to what was produced in June, and was up by 21.58 per cent relative to the July 2016 performance.
He noted that the earlier government’s initiative in this regard populated the seeds for the growth of Nigeria’s gas-fired power plants, which gradually scaled up thermal power contribution to more than 70% of total power generated in the country today.
OpeOluwani Akintayo 13 September 2017, Sweetcrude, Lagos – Nigeria’s crude oil production for the month of May 2017 was down…