Nembe E&P Boosts Production from 25,000 to 90,000 Barrels per Day in One Year, Eyes 150,000 bpd Milestone

Nembe Exploration & Production Company Ltd has announced a remarkable surge in crude oil output, growing production from 25,000 to 90,000 barrels per day within a year—marking a major turnaround for the company since acquiring OML 29 in 2015. The…

Dangote Refinery Secures Licence to Refine 300,000bpd Crude

Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline soon. “We don’t want to start our refinery with foreign…

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