Nigeria oil production

The Franco-Nigerian Chamber of Commerce and Industry urges Nigeria to supply local crude oil to refineries and address oil theft to ensure sustainable energy costs.

Nigeria’s oil production has seen a significant drop, falling to 1.33 million barrels per day (bpd) from the 1.7 million bpd recorded in October of the previous year, a 27.66 …

The NNPCL spends heavily on security amid rising challenges, putting Nigeria’s oil production and sector profitability at risk.

Nigeria adjusts oil production targets, focusing on realistic goals and sector revitalization.

Nigeria has faced a significant setback in its crude oil production, failing to meet its Organisation of Petroleum Exporting Countries (OPEC) quota and resulting in an estimated loss of $13.5 …

NNPC Ltd successfully mediated between PENGASSAN and TotalEnergies, leading to the restoration of 275,000 barrels of oil per day production.

Nigeria requires $7.6 billion to elevate oil output to 2.1 million bpd by 2025, amidst energy sector shifts.

Minister of State for Petroleum Resources Heineken Lokpobiri revealed ambitious plans to elevate Nigeria’s crude oil production to at least two million barrels daily by the end of 2023. During …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has actively engaged crude oil producers to ensure steady feedstock for local refineries, including the soon-to-launch Dangote refinery. NUPRC’s Chief Executive, Mr. Gbenga …

In a significant move, AITEO, Nigeria’s leading oil producer, introduced a revolutionary oil transport method. The strategy supports President Bola Tinubu’s goal of increased oil production. Oil mogul Benedict Peters’ …