Nigeria is set to enhance its position as one of Africa’s top oil and gas producers at African Energy Week (AEW) 2021 in Cape Town. With a strong delegation led by H.E. Minister Chief Timipre Sylva, the country will not only contribute towards, but drive the conversation on oil, gas, and exploration. Joining the delegation […]
Month: October 2021
OPEC Gives Condition for Nigeria’s Oil Production Quota Increase
The Organisation of Petroleum Exporting Countries (OPEC) maintained that no country, including Nigeria, which has under-performed in meeting its monthly oil quota allocation would have its baseline increased. The oil producers’ group insisted that it beats common logic that Nigeria which has consistently failed to meet its quota in the last couple of months, would […]
PIA Will Boost Nigeria’s Oil Production To 4m Barrels Per Day – Petroleum Minister
Minister of State for Petroleum Resources Timipre Sylva, has said that the passage of the Petroleum Industry Bill into law will significantly boost Nigeria’s potential to achieve its oil production to four million barrels per day. In addition, he said the passage of the PIA will also boost the nation’s oil reserves from 37 billion […]