Nigeria’s energy landscape is poised for significant expansion with the imminent commencement of production at the Akpo West field, a development expected to bolster the nation’s...
The Nigerian Bureau of Statistics (NBS) has released its highly anticipated 2023 second-quarter Gross Domestic Product (GDP) report, revealing a significant decline in Nigeria’s oil production....
Nigeria’s crude oil output declined by 12.56% in the month of July to 1.29 million barrels per day (bpd) from 1.48 million bpd in June. The...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the identification of new oil fields capable of producing 681,000 barrels of crude oil per day and...
The Nigerian National Petroleum Company Limited (NNPCL) has announced that Nigeria’s oil production has increased to 1.6 million barrels per day. While still a few million...
The shortfall in the daily crude oil production allocation by the Organisation of Petroleum Exporting Countries (OPEC) to Nigeria is making the country to lose a...
A series of structural adjustments made by the Nigerian National Petroleum Corporation (NNPC) Limited at plugging crude oil leakages, vandalism and other forms of theft have...
Importation of petroleum products into Nigeria will reduce significantly by 2023 with the commencement of operations of the Dangote Refinery
Barely a week after Nigeria's crude oil production was reported to have increased by 400,000 barrels per day (bpd) following the completion of Shell's Forcados Oil...
The Shell Petroleum Development Company (SPDC) has announced the resumption of crude oil exports at the 400,000 BPD Forcados Oil Terminal.