HighlightOil & GasTop Story

Breaking: NNPC Ltd. achieves milestone oil production of 1.8 mbpd

"Chief War Room Officer, Lawal Musa, noted that since the War Room's creation on June 25, production has steadily increased from 1.4 mbpd to 1.7 mbpd in August and now 1.8 mbpd."

746

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a significant increase in crude oil production, reaching 1.8 million barrels per day.

The company shared this milestone at its Upstream briefing in Abuja on Thursday.

According to Group Chief Executive Officer, Mele Kyari, the team’s goal is to escalate production to levels acceptable to shareholders.

Kyari expressed gratitude to President Bola Tinubu and the Minister of State Petroleum Resources, Sen. Heineken Lokpobiri, for their continuous support in achieving the presidential mandate.

Chief War Room Officer, Lawal Musa, noted that since the War Room’s creation on June 25, production has steadily increased from 1.4 mbpd to 1.7 mbpd in August and now 1.8 mbpd.

Musa is optimistic about reaching 2mbpd by year-end, which would fulfil the presidential mandate.

This progress is a testament to the committed leadership of the Minister and the GCEO.

The increase in oil production offers a positive outlook for Nigeria’s economy.

As the country’s largest oil company, NNPC Ltd.’s progress is a significant step toward achieving energy security and economic growth.

More to follow…

Leave a comment

Related Articles

Trump Unveils Sweeping Trade Tariff Plan, Redefining Global Commerce

In a move that could significantly impact global trade, U.S. President Donald...

CBN Debunks Introduction of N5,000, N10,000 Notes

By Samuel Akpan The Central Bank of Nigeria (CBN) has disowned a...

Niger Delta Sports Festival Kicks Off in Uyo, Aligns with RHINSE Initiative

The Niger Delta Sports Festival kicked off in grand style on Wednesday,...

Edo tribunal gives third judgment, dismisses PDP, Ighodalo’s petition against Okpebholo’s election

For the third time on Wednesday, the Edo State Governorship Election Petition...

NOC extols late Taekwondo President Saidu Abdullahi

The Nigeria Olympic Committee (NOC) has described the passing away of Saidu...

FCT Minister Wike Approves Employment of 34 Resident Doctors

In a significant stride towards enhancing healthcare services in the Federal Capital...

‘Small Girl, Big God’ – Korra Obidi celebrates US citizenship amid mixed reactions

Popular dancer and social media sensation Korra Obidi has officially become a...

Dayo Amusa reflects on motherhood and life’s trials in emotional post

Nollywood actress and singer Dayo Amusa is starting the new month with...

Annie Idibia embraces new chapter, partying seriously with Regina Daniels, others

Just weeks after leaving a rehabilitation facility, actress and estranged wife of...

NNPC Ltd Welcomes New GCEO, Board as Kyari Bows Out

The management and the staff of the Nigerian National Petroleum Company Limited...

After 8-year incarceration, South African court acquits Nigerian televangelist Omotoso of rape charges

After eight years of incarceration, a South African court has found a...

Just in: Algiers-Abuja direct flights commence April 6 – Foreign Affairs Ministry

In a bid to foster stronger diplomatic and economic ties between Nigeria...

Pres. Tinubu off to France again on 2-week working visit

President Bola Tinubu will depart Abuja for Paris, France, on Wednesday, on...

Assassination allegation: Kogi govt. dismisses Sen. Akpoti-Uduaghan’s claim as malicious, false

As reactions continue to trail the assassination allegation made by Sen. Natasha...

2025 National Police Day: FCT Police Kick Off Activities With Community Outreach, Clean-Up Exercise

In its effort to foster community policing and robust police-community relations, the...

NSC DG Olopade Congratulates Kida, New NNPCL Board Chair, Hopes for Better Synergy

The Director General of the National Sports Commission (NSC), Bukola Olopade, has...

Saka Makes Triumphant Return Winning Goal as Arsenal Defeat Fulham 2-1

By Samuel Akpan with agency report Arsenal’s Bukayo Saka made a triumphant...

Shake Up in NNPCL, Board, Group CEO Replaced

President Bola Tinubu has made significant changes to the Nigerian National Petroleum...

Nigeria’s Net Foreign Exchange Reserves Hit $23.11bln in 2024, Highest in Three Years

Nigeria’s net foreign exchange (FX) reserves reached a three-year high of $23.11...