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Did You Know ?
The Net-Zero Asset Owner Alliance, a
group made up of members from the
banking, insurance and investment
sectors with $1 1trn of assets, has
urged its members not to fund new
oil and gas projects in order to phase
out non-renewable sources like oil
and gas
#Remfact
In 2022, 85% of global renewable
energy investment benefitted
less than 50% of the world's
population with Africa
accounting for only one percent
in 2022.
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#Remfact
Did You Know?
In 2022 A 85% of global renewable energy investment benefitted less than 50% of the world's population with Africa accounting for only one percent in 2022.
#OrderpaperNG
Stay tuned to RemFacts.
#Remfact
Did You Know ?
The Net-Zero Asset Owner Alliance, Comprising of Banking, Insurance, and Investment members with $11tn in assets, has called on its members to refrain from financing new oil & gas projects as part of their efforts to eliminate non-renewable energy sources.
#RemFact
Did you know ?
Spain was the highest buyer of Nigerian crude oil in the International Market in the second quarter of 2022.
Keep up with more facts by following RemTrack's #Remfact and #orderpaper
#RemFact
Did you know ?
In H1 2022, the government lost $1.7B (₦706B at 1USD/₦415) in revenue, over twice the size of Bayelsa State's budget of ₦314.465B for 2022.
Keep up with more facts by following RemTrack's #Remfact and #orderpaper.
#Remfacts
Did you know ?
In the first half of 2022 J out of about
267 million barrels of oil produced, a
total volume of about 15.9 million
barrels ofoil was lostto crude oil theft.
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#Remfact #orderpaper
#Remfacts
Did you know ?
More than 20 Nigerian shipments of crude oil for the month of April 2023 have been stranded at sea without
buyers as the country's crude oil buyer reduced demand.
#Remfact #orderpaper
#Remfacts
Did you know ?
Nigeria can be a renewable superpower and still be a producer ofoil and gas. Boris Johnson, former Prime Minister of Great Britain.
#Remfact #orderpaper
#Remfacts
Did you know ?
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved the creation of 60 Host Community Development Trust (HCDT). Engr. Gbenga Komolafe, CEO Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
#Remfact #orderpaper
#Remfacts
Did you know ?
In the first quarter of 2022, a difference of 9 million barrels of crude oil was recorded between fiscalized oil production at flow stations and that received at terminals.
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#NaOurOilMoney #Remfact #orderpaper
#Remfacts
Did you know ?
Modular refineries in Nigeria
currently have installed capacities
to process 1,000 to 30,000 barrels
per day ofcrude oil.
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#NaOurOilMoney #Remfact #orderpaper
#Remfact
Did You Know ?
The Petroleum Industry Act (PIA) 2021
provides that each Host Community
will be held liable for any wilful
destruction that disrupts production
activities within their community in
line With Section257(2) ofthe law.
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#NaOurOilMoney
#Remfact
Did You Know ?
The volume of crude oil theft in Nigeria increased from an average of 103,000 barrels per day in 2021 to 18,000 barrels per day in the first quarter of 2022
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#NaOurOilMoney
#RemFact
Did You Know?
Financial Statements of Warri Refining and Petrochemical Company Kaduna Refining and Petrochemical Company and PortHarcourt Refining Company showed that the ompanies recorded total comprehensive losses in 2021.
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#NaOurOilMoney
#RemFact
Did You Know?
Amongst the three government owned refineries in Nigeria only Warri Refining and Petrochemical Company (WRPC) had a revenue stream in 2021; Kaduna Refining and Petrochemical Company (KRPC) and Port Harcourt Refining Company had no revenue stream.
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#RemFact
Did You Know?
Based on the 2021 Audit Report of Subsidiaries of Nigerian National Petroleum Company (NNPC) Ltd the Nigeria Liquefied Petroleum Gas (LPG) had a revenue of ₦971.7 Million as at December 31st 2021.
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#NaOurOilMoney
#remtrack
#RemFact
Did You Know?
A total of N400,469,663,160.14 was generated as gross domestic crude oil and gas revenue by Nigerian National
Petroleum Company (NNPC) Limited in July 2022
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#NaOurOilMoney
#RemFact
Did You Know?
Oil theft in Nigeria has increased by about 17% to 120,000 bpd according to Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
Stay tuned to RemTrack ✨
#NaOurOilMoney
#RemFact
Did You Know?
In the month of May 2022 a total of 9,423,552 barrels of Crude Oil was lost as production shut-ins.
Stay tuned to RemTrack ✨
#NaOurOilMoney
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