Oil and gas news in nigeria today
Here are some recent oil and gas news 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 aims to supply 1.2 billion standard cubic feet of gas per day to power plants. (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 $1.4 Billion in Nigeria's Oil and Gas Sector: ExxonMobil has announced plans to invest $1.4 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 has implemented several measures to reduce gas flaring, including the installation of gas flare-out facilities. (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 has signed a deal with Chinese oil company, Sinopec, 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 Nigerian oil block, OML 18, to a consortium of Nigerian companies. The sale is expected to generate $1.2 billion for the Nigerian government. (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 sector is a major contributor to the country's economy and is expected to continue to play a key role in the country's development. (Source: Punch)
These are some of the recent oil and gas news in Nigeria.