Tag: Crude oil production

NNPC Limited reported a profit after tax of ₦462 billion in May 2026, down from April, despite recording its highest ...

The Executive Secretary, NCDMB, Felix Omatsola Ogbe made the proposal on Tuesday in his presentation at the 2024 African Energy ...

Mr Kyari said the move is towards increasing Nigeria’s crude oil production and growing its reserves

Nigeria’s crude oil production rose to 1.476 million barrels per day in February, from 1.429 million bpd recorded in January, ...

"I’ll do everything to ensure oil production increases," Tompolo says

"We have made a robust plan for the forthcoming end-of-the-year festivities and beyond," the NNPCL Ltd said.

A statement issued on Tuesday by Manager, Corporate Communications of NCDMB, Mr Esueme D Kikile in Yenagoa described the report ...

The minister said in the regime of $50/60 per barrel price of crude oil, a cost of production of over ...

The revenue was made up of $13.18 billion, or 90.8 percent from crude oil, and $1.32 billion, or 9.1 percent ...

The reduction, the corporation said, represents a 70.5 per cent fall.

The figure includes condensates which account for about 400,000 barrels per day.