Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,875 members, 7,817,577 topics. Date: Saturday, 04 May 2024 at 02:46 PM

Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC (5905 Views)

$19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil / US To Release 50M Barrel Oil Reserves In Attempt To Lower Prices / Global Daily Oil Demand May Hit 1.59m Barrels – Opec (2) (3) (4)

(1) (2) (Reply) (Go Down)

Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by ThickSharon123(f): 12:39am On Oct 01, 2021
Let the oil go, thank God other sources of energy are already coming into play.
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by omoyankee3(m): 1:01am On Oct 01, 2021
wahala
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by brandsoncharlie: 1:19am On Oct 01, 2021
chaloskyx:
AND IT WOULD KEEP DROPPING AND WHEN THE WORLD SHIFTS FROM INTERNAL COMBUSTION ENGINES TO ELECTRIC IT WOULD FURTHER DROP. ITS THE REASON WHY THE POWERS THAT BE HAVE ALLOWED YOU TO BUILD YOUR REFINERY AT LAST CAUSE THEY KNOW NO ONE IS GOING TO BE REFINERING OIL FOR UNA AGAIN CAUSE ITS LOST ITS VALUE SO GUESS WHAT YOUR OIL NA NIGERIANS GO DRINK AM LAST LAST ALL THESR YEARS SINCE OIL WAS DISCOVERED IN OLOIBIRI YOUR USELESS LEADERS REFUSED TO MAXIMISE THE POTENTIAL OF CRUDE OIL AND DIVEST THE ECONOMY NOW THE ONLY THING THEY CAN THINK OF TO RESTORE YOUR COUNTRY IS BY SHUTTING BDCS OR FREEZING DOM ACCOUNTS OR LAUNCHING E NAIRA UNA DEY MENTAL JUST SIT AND WATCH HOW THE BIGGEST BLACK COUNTRY IN THE WORLD IS GOING TO IMPLODE
They're some things that can't get exhausted else, humans we degenerate into living like the cave men
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by chaloskyx: 2:44am On Oct 01, 2021
lol dont make me laugh with all the resources you have who is living like a cave man is it not the blacks mind you Canada and the us car industries are phasing out gasoline production cars by 2035 this is to meet up with the climate change crisis. problem in Nigeria and most African countries don't produce anything and are living under the rock so they have not gotten the memo.
brandsoncharlie:

They're some things that can't get exhausted else, humans we degenerate into living like the cave men
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by seunayantokun(m): 2:55am On Oct 01, 2021
The drop is 'not yet significant' enough, after all thieves in government still have lots and lots to steal.

You can see their target is 50 billion barrels while falling behind from 37 billion to 36 billion. We cannot see even 1 billion barrels impact, after all the land has yielded to us.

They just wouldn't borrow common sense from others, that where there is insecurity, there can never be increase. Wherever you have compromised security presence, there can never be safety and peace.

They only know to kill, steal what should serve as capitals for development, destroy human resources, dominate survivals like terrorists they are. They've run the country into chaos and poverty. They've lost the bearing of governance. No more lively local government, state governments gasping for breath; and the federal now centre of confusion, decay, deterioration, death, and destruction. What a pack of prodigals!
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by Sofistcatdmoron: 3:13am On Oct 01, 2021
Ganvic:
The world is moving away from fossil fuels and we are here talking about oil reserves that nobody will be needing in 10 years to come.
Which world VI's moving a way from fossil fuel that's a false statement
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by Raph82(m): 3:53am On Oct 01, 2021
einsteine:


This is an exaggeration, oil would still be valuable in 10 years time.
u'll be shocked when the table turns suddenly. If u know the momentum and energy world scientists and engineers are pulling towards making this a reality, u'll be amazed, because this fossil fuel has caused lots of damage to the ozone layer , thereby causing a devastating effect on the climate. There is urgent need for a sustainable energy sources with zero carbon emmision. Who could ever think solar energy can take over the way it is doing right now?
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by ddeola: 5:44am On Oct 01, 2021
It's dropping everyday...in Broda Shaggi's voice grin grin grin grin grin grin grin
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by defcon4: 6:32am On Oct 01, 2021
Come February 2022 NGN would hit 800 to USD
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by criuze(m): 7:13am On Oct 01, 2021
gwanggaeto:
Make the oil finish jare....
Local man like me never see oil rub for head talkless of seen the benefits of it in my life....





We are manufacturers of glues... Wallpaper Glues, Multi-purpose glue etc used for Wallpaper, POP screeding, Wood joining, carton and book binding etc..

Whatapps us on 0-7-0-349--5---222--9


Do you make supper glue
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by einsteine(m): 8:12am On Oct 01, 2021
Raph82:
u'll be shocked when the table turns suddenly. If u know the momentum and energy world scientists and engineers are pulling towards making this a reality, u'll be amazed, because this fossil fuel has caused lots of damage to the ozone layer , thereby causing a devastating effect on the climate. There is urgent need for a sustainable energy sources with zero carbon emmision. Who could ever think solar energy can take over the way it is doing right now?

You will use solar energy to make your fertilizer feedstock or plastic or paints or you will use solar energy to fly your planes? In the next twenty years, crude oil would still be very very relevant. Forget all these environmental crusade. The biggest companies in the world are still making heavy investment into fossil fuels. The alternative energy sector is still built on hype and sensationalism.
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by Fuckyoumod: 8:19am On Oct 01, 2021
Ganvic:
The world is moving away from fossil fuels and we are here talking about oil reserves that nobody will be needing in 10 years to come.
when you make a decent point, please don't spoil your point with a statistics from the gutter.

Oil will still remain a dormant force for the next 20 years.

So where is you 10 years coming from?
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by Blackdisciple(m): 12:17pm On Oct 01, 2021
Election don dey come na so how do u expect steady remites...

Thieves...
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by Raph82(m): 12:40pm On Oct 01, 2021
einsteine:


You will use solar energy to make your fertilizer feedstock or plastic or paints or you will use solar energy to fly your planes? In the next twenty years, crude oil would still be very very relevant. Forget all these environmental crusade. The biggest companies in the world are still making heavy investment into fossil fuels. The alternative energy sector is still built on hype and sensationalism.
Hmmmn! Don't be surprised if tommorow you see cars running in the streets on water and not petrol. The world has moved past barriers bro. Cars are now flying, who could think of that two decades ago? I get your point, but things are fast changing these days. Sitting down at the comfort of our room thinking something is impossible is the least.
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by einsteine(m): 2:00pm On Oct 01, 2021
Raph82:
Hmmmn! Don't be surprised if tommorow you see cars running in the streets on water and not petrol. The world has moved past barriers bro. Cars are now flying, who could think of that two decades ago? I get your point, but things are fast changing these days. Sitting down at the comfort of our room thinking something is impossible is the least.

I didn't say it's impossible. It would take 50 years or more to get to the point. Right now, 99% of alternative energy programs are based on emotions and because they are not profitable, they have to be financed by either subsidies, charities or gullible investors.

Oil is still the most important resource today and we have been on the alternative energy charade since 19 gbidi gbidi no date. In ten years, oil would still be the most important commodity. There is a reason the US fights tooth and nail to ensure oil is continuously priced in US dollars. This is one of the features that gives the dollar its value and ubiquity.

Someday, a cheap, clean alternative energy may be found that would reduce the value of crude oil but that time is still far off and even then there will still be uses for the distillates of crude oil.

Crude oil has been in use since the time of Noah. Coal, as "bad" as it is, is one of the biggest sources of electricity generation. If coal is not dead yet, is it now Crude oil that will die soon?
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by Thunday1005(m): 2:52pm On Oct 01, 2021
We are getting there gradually,
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by gwanggaeto(m): 10:03am On Oct 02, 2021
criuze:



Do you make supper glue

We don't make it yet...but would soon be added to our ranges of product...
We currently manufacture Multi-purpose glues for now.
Re: Nigeria’s Oil Reserves Dropped By 543 Million Barrels - OPEC by gwanggaeto(m): 12:19am On May 07, 2022
criuze:



Do you make supper glue

No we only make waterbase white Multi-purpose Glue

(1) (2) (Reply)

Is Engineer Godson Sunday A Scam / Two Of Nigeria’s Refineries Pack Up …others Produce At 25% Of Installed Capacity / DIY Candle Making Business In Nigeria | Beginners Guide!

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 37
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.