Nigerian petroleum news

Here are some recent Nigerian petroleum news:

1. NNPC to Increase Gas Supply to Power Sector

The Nigerian National Petroleum Corporation (NNPC) has announced plans to increase gas supply to the power sector to boost electricity generation. The corporation aims to supply 1.2 billion standard cubic feet of gas per day to the power sector, up from the current 800 million standard cubic feet per day. (Source: Vanguard)

2. 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, driven by increased output from the Niger Delta region. (Source: ThisDay)

3. 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: The Guardian)

4. Nigeria's Refining Capacity to Increase by 50%

Nigeria's refining capacity is set to increase by 50% with the completion of the rehabilitation of the Port Harcourt refinery. The refinery, which has been under rehabilitation since 2016, is expected to increase Nigeria's refining capacity from 445,000 barrels per day to 650,000 barrels per day. (Source: Punch)

5. NNPC to Partner with International Firms to Develop Nigeria's Gas Sector

The NNPC has announced plans to partner with international firms to develop Nigeria's gas sector. The corporation aims to increase gas production and supply to the power sector, as well as to industrial and commercial customers. (Source: Leadership)

6. Nigeria's Oil Exports to Reach 1.8 Million Barrels per Day

Nigeria's oil exports are expected to reach 1.8 million barrels per day in 2023, according to the Nigerian Petroleum Ministry. The country's oil exports have been increasing in recent months, driven by increased production and improved infrastructure. (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 firm. The sale is part of Shell's efforts to divest its assets in Nigeria and focus on more profitable projects. (Source: BusinessDay)

8. Nigeria's Gas Flaring to Reduce by 50%

Nigeria's gas flaring is expected to reduce by 50% in the next two years, according to the Nigerian Petroleum Ministry. The ministry has implemented several initiatives to reduce gas flaring, including the use of gas flare-out technology. (Source: The Nation)

9. NNPC to Increase Fuel Supply to Markets

The NNPC has announced plans to increase fuel supply to markets across the country. The corporation aims to reduce fuel scarcity and improve supply to consumers. (Source: Premium Times)

10. 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 Petroleum Ministry. The sector is a major contributor to the country's economy and is expected to continue to drive growth and development. (Source: ThisDay)