Nigeria oil news today

Here are some recent oil news updates from Nigeria:

1. Nigeria's Oil Production Hits 1.7 Million Barrels per Day

According to the Nigerian National Petroleum Corporation (NNPC), the country's oil production has increased to 1.7 million barrels per day (mb/d) in June 2022, up from 1.4 mb/d in May 2022. This is due to the efforts of the NNPC and its partners to boost production and meet domestic demand. (Source: Vanguard News)

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 Live)

3. Nigeria's Oil Exports Fall by 12% in June

According to the NNPC, Nigeria's oil exports fell by 12% in June 2022 compared to the previous month. The country exported 1.23 million barrels per day in June, down from 1.39 million barrels per day in May. (Source: The Guardian Nigeria)

4. Nigeria to Increase Oil Production to 2.5 Million Barrels per Day

The Nigerian government has set a target to increase oil production to 2.5 million barrels per day by 2025. The country aims to achieve this through the development of new fields, the rehabilitation of existing infrastructure, and the introduction of new technologies. (Source: Premium Times)

5. Oil Theft: Nigeria Loses $1.4 Billion in 2021

According to a report by the International Maritime Bureau (IMB), Nigeria lost $1.4 billion in 2021 due to oil theft. The report also highlighted the need for increased security measures to prevent oil theft and protect the country's oil assets. (Source: Daily Trust)

6. Nigeria's Oil and Gas Industry to Create 1 Million Jobs

The Nigerian government has announced plans to create 1 million jobs in the oil and gas industry over the next five years. The government aims to achieve this through the development of new fields, the rehabilitation of existing infrastructure, and the introduction of new technologies. (Source: Leadership Newspaper)

These are just a few of the recent oil news updates from Nigeria.