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Producrion

Nigeria will meet 1.7m bpd oil production in 2024 budget – Lokpobiri

2023-12-12
By: Gambo Jagindi
On: December 12, 2023
In: Economy & Business

By Aluta News Dec 12, 2023 The Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will meet and surpass the 2024 crude oil production budget benchmark of 1.7 million barrels per day (bpd). Lokpobiri said this at a stakeholder’s interactive session on Creating Value and Enabling InvestmentsContinue Reading

OPEC to adjust upward monthly production by 0.432mb/d for June

2022-05-05
By: Gambo Jagindi
On: May 5, 2022
In: NEWS

By Aluta News May 5, 2022 The Organisation of the Petroleum Exporting Countries (OPEC) has reconfirmed its decision for upward adjustment of the monthly overall production by 0.432 million barrels per day (mb/d) for the month of June 2022. The News Agency of Nigeria (NAN) reports that OPEC said thisContinue Reading

Germany industrial production drops unexpectedly in April

2021-06-08
By: Gambo Jagindi
On: June 8, 2021
In: Foreign

By Aluta News June 8, 2021 Germany’s industrial production logged an unexpected decline in April, data from Destatis revealed on Tuesday. Industrial output dropped by one per cent on a monthly basis in April, reversing a revised 2.2-per-cent rise in March. Economists had forecast an increase of 0.5 per cent.Continue Reading

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