Oil Output

KEY POINTS Renaissance Capital has projected that Nigeria could reclaim its long-lost oil production strength, hitting over two million barrels per day (bpd) by 2026 if the government sustains its …

KEY POINTS The Chairman of Libya’s National Oil Corporation, NOC, Masoud Suleiman, has opened talks with a senior delegation from the American oilfield services company Halliburton to explore potential areas …

KEY POINTS Nigeria’s economy, long powered by non-oil sectors, saw the balance shift slightly in the second quarter of 2025 as crude oil output rebounded sharply, lifting the petroleum industry’s …

KEY POINTS Nigeria’s $20 billion Dangote Petroleum Refinery is expanding its crude basket to include Ghana for the first time, a move that signals a more pragmatic approach to sourcing …

KEY POINTS As it strives to meet ambitious output targets and draw in foreign investment, Nigeria’s oil production has surged to its highest level in six months, a development that …

KEY POINTS Nigeria’s production of oil increased in July, giving the continent’s biggest producer new impetus to recover barrels that were lost to sabotage, theft, and years of underinvestment. According …