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Petroleum industry in Nigeria. Nigeria is the second largest oil and gas producer in Africa (after Angola ). [1] Crude oil from the Niger Delta basin comes in two types: light, and comparatively heavy – the lighter has around 36 of API gravity while the heavier has 20–25 of API gravity. Both types are paraffinic and low in Sulphur. [2]
NNPC's headquarters in Abuja, Nigeria. The Nigerian National Petroleum Corporation ( NNPC) is a state oil company in Nigeria. Formerly a fully-owned government company, it was transformed from into a limited liability company in July 2022. [1] NNPC Limited is the only entity licensed to operate in the country's petroleum industry.
Crude Oil, Gas, petroleum products, petrochemicals, Website. petroleumresources .gov .ng. The Federal Ministry of Petroleum Resources is a part of the Federal Ministries of Nigeria that directs petroleum resources and its activities in Nigeria. The President, Bola Tinubu is the current minister of petroleum. [1] [2]
The $19 billion facility built by Aliko Dangote, Africa’s wealthiest man, in Nigeria’s economic hub of Lagos is one of the world’s biggest oil refineries and has a capacity of 650,000 ...
The rest is from fossil fuels (26.4%) and hydropower. [1] [2] Coal, petroleum reserves, natural gas, peat, hydroelectricity, solar and wind are major energy resources in Nigeria [3] [4] [5] and the country remains a top producer of crude oil and natural gas in Africa. Its production in 2022 averaged 1.2 million barrels of oil per day (bopd), [6 ...
ExxonMobil Nigeria. ExxonMobil has offshore oil production in Nigeria, and is the country's second largest crude oil producer. [1] Mobil Producing Nigeria (MPN) began shallow water operations in 1955, and owns over 90 platforms and 300 producing wells covering 3,200 square kilometres (1,200 sq mi; 790,000 acres). [2]
Nigerian Upstream Petroleum Regulatory Commission, formerly the Department of Petroleum Resources (DPR), is a department under the Nigerian Federal Ministry of Petroleum Resources (FMPR). It monitors the oil and gas industry to ensure compliance with relevant regulations and laws. [1] It also oversees the safety and other regulations that ...
Aiteo produces nearly 100,000 barrels of oil per day from OML 29, a producing conventional oil field located onshore Nigeria, contributing over five percent to Nigeria's daily oil output. [4] In November 2023, Aiteo achieved a significant landmark in the Nigerian oil and gas industry by introducing Nembe, a new crude oil grade, in partnership ...