Nigeria’s crude oil production surged to 1.35 million barrels per day in September 2023, representing a 14% increase from August. According to the Nigerian Upstream Petroleum...
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 is currently facing significant challenges in meeting its technical allowable capacity for oil production, according to a recent announcement by the Federal Government. The government...
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...
The fight against destruction of oil pipelines and stealing of oil by the Federal Government of Nigeria appeared to have been yielding positive results as the...
Nigeria's oil production increased to 1.02 million barrels per day in October 2022.
A floating, production, storage and offloading (FPSO) crude oil station, Trinity Spirit owned by Nigeria’s Shebah Exploration & Production Company Ltd (SEPCOL) exploded with 10 crew...
The Organisation of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+ has reviewed its production for the month of March 2022 to 41,294,000 barrels per...