Friday, August 8, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Featured

NNPCL’s Utapate Crude Blend To Enhance Daily Production By 28,000 Barrels, Company Announces

Racheal Oloyede by Racheal Oloyede
August 6, 2024
in Featured, News
0
NNPCL’s Utapate Crude Blend To Enhance Daily Production By 28,000 Barrels, Company Announces
0
SHARES
6
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

 

The Nigerian National Petroleum Company Limited, NNPCL, on Monday announced the introduction Utapate crude oil blend, and a new crude oil grade into the international crude oil market.

Related posts

Nigeria Slips To Fourth Place In Africa’s Largest Economies Rank

Presidency Faults Newspaper Editorial On Hunger, Economy

August 7, 2025
Tragedy Strikes As Inferno Claims Custom Officer, Wife, Four Children Lives

Osun Chief Arrested For Forcing Suspect To Drink Poison

August 7, 2025

The spokesman of NNPCL, Olufemi Soneye made this known in a press statement on Monday.

He said from Oil Mining Lease (OML) 13, fully operated by NEPL, NNPC Ltd’s upstream subsidiary, the Utapate crude oil blend commenced operations in July 2024, as its first cargo headed for Spain.

Located offshore Akwa Ibom State in Nigeria, Utapate’s current crude oil production is at 28,000 barrels per day, with the potential to increase it to 50,000 barrels per day.

Also, the sulfur content of the new crude is 0.0655 percent.

The statement noted that “Spanish oil giant Repsol, won the tender for the initial cargo of the new crude blend which is comparable to the much sought-after Amenam crude.

“Gulf Transport and Trading, another leading crude oil dealer, has also secured the cargo tenders for August and September 2024.

“During the Argus European Crude Conference in London last year, NNPC Ltd announced the launch of Nembe crude oil, produced by the NNPC/Aiteo-operated Oil Mining Lease (OML) 29 Joint Venture (JV).

“Similar to the Nembe crude oil grade, the Utapate crude oil blend has a low sulfur content and low carbon footprint due to flare gas elimination, fitting perfectly into the required spec of major buyers in Europe.

“This remarkable achievement signals the commitment of the NNPC Ltd to increase Nigeria’s crude oil production and grow reserves through the development of new assets.”

 

 

 

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

Patience Is Never Too Much

Next Post

Akinmade, Aide To Governor Dapo Abiodun, Mourns The Loss Of His Father

Next Post
Akinmade, Aide To Governor Dapo Abiodun, Mourns The Loss Of His Father

Akinmade, Aide To Governor Dapo Abiodun, Mourns The Loss Of His Father

RECOMMENDED NEWS

EFCC Witness Reveals Yahaya Bello Name Not Linked To Kogi Govt House Bank Account Transactions

EFCC Witness Reveals Yahaya Bello Name Not Linked To Kogi Govt House Bank Account Transactions

5 months ago
Tinubu Meets Pope Leo XIV After Inauguration Mass In Rome

Tinubu Meets Pope Leo XIV After Inauguration Mass In Rome

3 months ago
No Price Agreement Between IPMAN, NNPC – Soneye

No Price Agreement Between IPMAN, NNPC – Soneye

10 months ago
Nollywood Filmmaker Sentenced To Five Years In Prison For Drug Trafficking

Nollywood Filmmaker Sentenced To Five Years In Prison For Drug Trafficking

6 months ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections ADC Ademola Adeleke Akpabio Alaafin Of Oyo APC Atiku Bola Tinubu Buhari CBEX Coalition Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha National Power Grid Nigerian National Petroleum Company Limited (NNPCL) Nnamdi Kanu NNPC NNPCL Olubadan PDP Peter Obi Petrol Price President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • Presidency Faults Newspaper Editorial On Hunger, Economy
  • Osun Chief Arrested For Forcing Suspect To Drink Poison
  • Ibadan Markets To Remain Closed Until Noon Friday For Olubadan’s Burial
  • WAEC Result Portal Glitch Resolved – FG

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

Nigeria Slips To Fourth Place In Africa’s Largest Economies Rank

Presidency Faults Newspaper Editorial On Hunger, Economy

August 7, 2025
Tragedy Strikes As Inferno Claims Custom Officer, Wife, Four Children Lives

Osun Chief Arrested For Forcing Suspect To Drink Poison

August 7, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights