Nigeria oil and gas news today
Here are some recent news updates on the oil and gas industry in Nigeria:
1. NNPC to Increase Gas Supply to Power Plants
The Nigerian National Petroleum Corporation (NNPC) has announced plans to increase gas supply to power plants in the country to boost electricity generation. The corporation said it has already increased gas supply to power plants by 20% in the past two months. (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 is expected to boost oil production and improve the country's energy security. (Source: This Day)
3. Nigeria's Oil Production Hits 1.9 Million Barrels per Day
Nigeria's oil production has increased to 1.9 million barrels per day, according to the Organization of the Petroleum Exporting Countries (OPEC). The country's oil production has been on the rise in recent months due to increased investment in the sector. (Source: Premium Times)
4. ExxonMobil to Invest $1 Billion in Nigeria's Oil and Gas Sector
ExxonMobil has announced plans to invest $1 billion in Nigeria's oil and gas sector over the next three years. The investment is expected to boost oil production and improve the country's energy security. (Source: Leadership)
5. Nigeria's Gas Flaring Reduction Hits 70%
Nigeria's gas flaring reduction has hit 70%, according to the Nigerian National Petroleum Corporation (NNPC). The corporation said it has reduced gas flaring by 70% in the past two years through the implementation of various initiatives. (Source: The Guardian)
6. Nigeria to Increase Oil Exports to China
Nigeria is planning to increase oil exports to China, according to the Nigerian National Petroleum Corporation (NNPC). The corporation said it has signed a deal with a Chinese company to increase oil exports to China. (Source: Daily Trust)
7. Shell to Sell Stake in Nigerian Oil Block
Royal Dutch Shell has announced plans to sell its stake in a Nigerian oil block to a local company. The company said it has received several bids for the stake and is expected to announce the winner soon. (Source: BusinessDay)
8. Nigeria's Oil and Gas Sector to Create 1 Million Jobs
Nigeria's oil and gas sector is expected to create 1 million jobs in the next five years, according to the Nigerian National Petroleum Corporation (NNPC). The corporation said it has plans to invest heavily in the sector to boost oil production and create jobs. (Source: Punch)
9. Nigeria to Increase Oil Production to 2.5 Million Barrels per Day
Nigeria is planning to increase oil production to 2.5 million barrels per day, according to the Nigerian National Petroleum Corporation (NNPC). The corporation said it has plans to invest heavily in the sector to boost oil production and improve the country's energy security. (Source: The Nation)
10. Shell to Invest in Nigeria's Gas Infrastructure
Royal Dutch Shell has announced plans to invest in Nigeria's gas infrastructure. The company said it has plans to invest $1 billion in the country's gas infrastructure over the next five years. (Source: This Day)
I hope these updates are helpful!