In a statement, NNPC said the resolution would free up approximately 300,000 b/d of crude and condensate to be exported and that it would help Nigeria reach 1.8 million b/d of crude output by the end of 2023.
Exxon Mobil Corporation in Nigeria declared force majeure on oil liftings from different terminals in the country following industrial action by the...
He explained that following the approvals for Field Development Programmes (FDP) for some of the 2020 marginal field bid investors, the commission is optimistic of exceeding the OPEC quota.
By 2027, upstream production is expected to grow 500,000 boe/d to 4.2 million boe/d, with more than 50% of the total to come from those key growth areas.
We once again laud President Tinubu for his bold vision and stand ready to collaborate with his administration in its effort to promote greater economic equality and prosperity for all Nigerians.
