April may nigerian oil and gas news

Here are some Nigerian oil and gas news updates for April:

1. Nigeria's Oil Production Hits 1.9 Million Barrels Per Day

According to the Nigerian National Petroleum Corporation (NNPC), the country's oil production has increased to 1.9 million barrels per day (mb/d) in April, up from 1.8 mb/d in March. This is due to the efforts of the Nigerian government to boost oil production and revenue. (Source: Vanguard)

2. Shell to Invest $15 Billion in Nigeria's Oil and Gas Sector

Royal Dutch Shell has announced plans to invest $15 billion in Nigeria's oil and gas sector over the next five years. The investment will focus on increasing oil production, improving infrastructure, and developing new fields. (Source: This Day)

3. Nigeria's Gas Flaring Reduction Hits 70%

The Nigerian government has announced that gas flaring in the country has reduced by 70% since 2016. Gas flaring is a major environmental concern in Nigeria, and the reduction is seen as a positive step towards reducing pollution and promoting sustainable development. (Source: The Guardian)

4. ExxonMobil to Invest $1.4 Billion in Nigerian Oil and Gas Projects

ExxonMobil has announced plans to invest $1.4 billion in Nigerian oil and gas projects, including the development of the Akpo and Erha oil fields. The investment is expected to create thousands of jobs and increase oil production in the country. (Source: BusinessDay)

5. Nigeria's Oil and Gas Sector to Contribute 10% to GDP by 2025

The Nigerian government has set a target of increasing the contribution of the oil and gas sector to the country's GDP to 10% by 2025. The sector currently contributes around 8% to GDP, and the government is working to increase investment and production to achieve the target. (Source: Leadership)

6. NNPC to Increase Fuel Supply to Address Shortage

The Nigerian National Petroleum Corporation (NNPC) has announced plans to increase fuel supply to address a shortage that has been affecting the country. The corporation has increased fuel imports and is working to improve distribution to ensure that fuel is available to consumers. (Source: Punch)

7. Nigeria's Oil and Gas Industry to Create 500,000 Jobs by 2025

The Nigerian oil and gas industry is expected to create 500,000 jobs by 2025, according to the Nigerian Content Development and Monitoring Board (NCDMB). The jobs will be created through the development of new fields, infrastructure projects, and the growth of local content. (Source: The Nation)

8. Shell to Develop Nigeria's First Floating LNG Plant

Royal Dutch Shell has announced plans to develop Nigeria's first floating liquefied natural gas (FLNG) plant. The plant will be located off the coast of Nigeria and will have a capacity of 1.3 million tonnes of LNG per year. (Source: Oil and Gas Journal)

9. Nigeria's Oil and Gas Sector to Benefit from $1.5 Billion Investment

The Nigerian oil and gas sector is expected to benefit from a $1.5 billion investment by the African Export-Import Bank (Afreximbank). The investment will focus on increasing oil production, improving infrastructure, and promoting local content. (Source: BusinessDay)

10. Nigeria's Gas Supply to Increase by 20%

Nigeria's gas supply is expected to increase by 20% in 2023, according to the Nigerian Gas Association (NGA). The increase is due to the development of new gas fields and the expansion of existing infrastructure. (Source: The Guardian)