The Federal Government has identified new oil fields capable of delivering about 681,000 barrels of crude oil per day and 1.52 billion standard cubic feet of...
Angola and Libya have overtaken Nigeria as Africa’s highest crude oil producers, says a report by the Organisation of the Petroleum Exporting Countries (OPEC). OPEC made...
Nigeria’s crude oil production slumped below one million barrels per day in August 2022, the lowest in at least 30 months, Okechukwu Nnodim reports Crude oil...
Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when compared to what the country produced in the preceding month of June, data...
The Organisation of the Petroleum Exporting Countries (OPEC), yesterday, raised Nigeria’s crude oil production quota to a new target of 1.799 million barrels per day (mbpd)...
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production declined to an average of 1.417 million barrels per day in February 2022....
The Ogun State Governor, Dapo Abiodun says his administration is working towards ensuring that the state takes advantage of its oil-rich deposit and becomes an oil-producing...
The Minister of Petroleum Resources (State), Timipre Sylva has said Nigeria is currently producing about 1.3million barrels of crude oil per day. The minister, who was...