OPEC’s Embargo Threatens Nigeria’s 2.2m bopd In 2023—NNPC

How Nigeria suffered 850,000 barrels daily output deficit despite 1.35 million barrels per day production in December   Nigeria could attain 2.2 million barrels crude oil production level in 2023, but for the Organisation of Petroleum Exporting Countries (OPEC) oil production quota restriction, the group chief executive officer of the Nigerian National Petroleum Company, Mele Kyari, has said. Mele Kyari who spoke at the virtual Global UAE Energy Forum said despite all odds, the country aims to produce 1.8 million bpd this year. READ ALSO: Nigeria Begins Deep Offshore Oil…

Read More

Enemies Of Nigerian Oil Sector Reforms Want To Kill Me – Kyari

NNPCL boss paints pictures of how his life is under threat, opens up on why smuggling and round-tripping of petrol from Nigeria will never stop   The Chief Executive Officer of the NNPC Limited, Mele Kyari has said that his life is under threat on account of changes in the country’s oil sector. He spoke in Abuja on Wednesday at the Legislative Transparency and Accountability Summit organised by the House of Representatives Anti-Corruption Committee,where he also said those opposed to changes in the sector have resorted to threats in a…

Read More

265 Illegal Refineries In Shell Corridor – Nigerian Oil Minister

Sylva opens up on how organised crude oil thieves denied Nigeria crude oil fortunes, OPEC quota benefits   Minister of State for Petroleum Resources, Chief Timipre Sylva, has declared that there are about 265 illegal refineries in the Shell Petroleum Development Company (SPDC) corridor alone as Nigeria continues to grapple with oil theft. The News Agency of Nigeria (NAN) reports that Sylva spoke at the 60th Anniversary of the Oil Producers Trade Section (OPTS) of the Lagos Chamber of Commerce and Industry (LCCI) on Thursday in Lagos. READ ALSO Oil…

Read More