Nigeria’s Oil Production Rises Despite Challenges

By DAYO ADESULU Year-on-Year Increase in Production Nigeria’s daily average oil production rose by 7.38% in December 2024, reaching 1.667 million barrels per day (bpd) compared to 1.552 million bpd in December 2023, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). On a month-on-month basis, however, production dropped slightly...

Nigeria’s Refineries to Process 143 Million Barrels of Crude in H1 2025

iafrica.com - 16/Jan 06:07

In line with Nigeria’s Petroleum Industry Act 2021, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed its crude oil...

OPEC: Dangote Refinery Disrupting Europe’s Premium Motor Spirit Market

thecheernews.com - 16/Jan 07:30

By DAYO ADESULU The Organisation of the Petroleum Exporting Countries (OPEC) has acknowledged the significant impact of the Dangote Petroleum Refinery...

NUPRC Launches Transparency-Driven Initiatives in Upstream and Gas Sector

energyfocusreport.com - 14/Jan 16:34

Engr. Gbenga Komolafe, Commission Chief Executive, NUPRC The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, is set to enhance transparency...

US weekly ethanol production down, stocks hit nine-month high

agricensus.com - 15/Jan 17:11

US weekly ethanol production decreased by 7,000 barrels per day to 1.095 million bpd in the week to Friday January 10, according to data published by...

Comment on Australia’s moment: How Trump’s fossil turn can supercharge our energy revolution by Ian

reneweconomy.com.au - 26/Jan 07:41

My BEV is like a mini oil well. Every week I don’t fill it with fuel and so far it has saved 6 barrels of oil probably more. There are 160 000 BEV...

Libya boosts oil output to over 1.43 mln bpd despite political risks

thestar.com.my - 22/Jan 20:05

TRIPOLI, Jan. 22 (Xinhua) -- Libya's daily oil output has topped 1.43 million barrels, the state-run National Oil Corporation (NOC) said on Wednesday,...

Price of cooking gas drops 13.3% to N16,250 — Investigation

thisislagos.ng - 11:08

The average retail price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas, LPG, otherwise known as cooking gas dropped by 13.3 percent on a...

Libya needs $3-4 billion to boost oil production, bidding round expected soon

cde.news - 21/Jan 11:30

Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister,...

Afentra announces operational and financial update

energy pedia.com - 22/Jan 07:57

Afentra, an upstream oil and gas company focused on acquiring production and development assets in Africa, has provided an operational and financial...

EU weekly soybean imports reach 167,399 tonnes; marketing-year total up 14% to 7.38 mln tonnes

agricensus.com - 14/Jan 17:47

The EU imported 167,399 tonnes of soybeans in the week ended Sunday January 12, pushing the marketing-year total to 7.38 million tonnes, up by 14%...

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