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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.
NNPC's headquarters in Abuja, Nigeria. The Nigerian National Petroleum Company (NNPC) Limited 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.
Shell Petroleum Development Company (SPDC) is the largest fossil fuel company in Nigeria, which operates over 6,000 kilometres (3,700 mi) of pipelines and flowlines, 87 flowstations, 8 natural gas plants and more than 1,000 producing wells. SPDC's role in the Shell Nigeria family is typically confined to the physical production and extraction ...
Seplat Petroleum Development Company. Shell Nigeria. South Atlantic Petroleum.
Company Industry Revenue (US$ millions) Profits (US$ millions) 1 Nigeria National Petroleum: Oil and gas 9,706 1,877 2 Nigeria Liquefied Natural Gas: Oil and gas 6,315 ... 3 MTN Nigeria: Telecommunications 3,514 536 4 Dangote Cement: Cement 2,699 721 5 Nigerian Petroleum Development: Oil and gas 2,686 219 6 Flour Mills of Nigeria: Agroindustry ...
The Port Harcourt Refining Company, ( abbreviated PHRC ), is a Nigeria -based oil and gas company primarily specializing in the refining of crude oil into petroleum products. It is headquartered in Port Harcourt metropolitan area of Rivers State, southeastern Nigeria. The company is a subsidiary of the Nigerian National Petroleum Corporation ...
Oando's earliest roots can be traced to the formation of Esso Africa in 1956. Esso Africa was a downstream marketing company, a subsidiary of the Exxon Corporation of USA.To increase availability of petroleum products in the hinterland, [4] in 1976 the Nigerian government purchased a controlling stake in the company and rebranded the company as Unipetrol Nigeria.
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]