FG, Navy Target 3m bpd Oil Production by 2025 – Lokpobiri

  THE Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day (bpd) in crude oil production by 2025. Nigeria’s current output stands at approximately 1.8 million bpd, a significant increase from the 1.4 million bpd recorded in 2023. The Minister of State for … Read more

Africa: Nigerian Oil Minister Heineken Lokpobiri Joins African Energy Week 2024 As Reforms Strengthen The O&G Market

Nigeria’s Minister of State for Petroleum Resources (Oil) Heineken Lokpobiri will speak at Africa’s premier event for the oil and gas sector – the African Energy Week (AEW): Invest in African Energy conference – this November. Committed to developing Nigeria’s oil resources, the Minister’s keynote at AEW: Invest in African Energy will showcase investment prospects … Read more