OPEC oil output rises in February as Nigeria exceeds quota by 70,000 bpd
Nigeria’s oil production surged in February, exceeding its OPEC quota of 1.5 million barrels per day by 70,000 bpd, and ...
Tag: oil production
How we plan to meet oil production target of 4 million bpd – Olu Verheijen
The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, has outlined efforts and plans of the administration to ...
Ogoni youths seek inclusion in FG’s plans to resume oil production in region
The youths of the Ogoni ethnic nationality have demanded to be included in the plans of the Federal Government to ...
Nigeria’s crude oil production rises to 1.3 million bpd in July- OPEC
Nigeria’s crude oil production in the month of July rose to 1.307 million barrels of crude oil daily according to ...
FG’s target revenue projected to decline by N3.89 trillion due to low oil production
The federal government’s target revenue for 2024 is projected to decline by N3.89 trillion due to crude oil production not ...
Nigeria’s crude oil production in April rebounds to 1.28mb/d – OPEC
Nigeria’s average crude oil production for the month of April marginally rose to 1.281 million barrels daily according to the ...
Nigerian crude sells at premium but weak output, high cost hurt economy
Nigerian crude prices increased during the final trading session of the week due to rumors that Israel is preparing for ...
Petroleum Minister blames low crude oil production in Q1 on problems with Trans-Niger pipeline
The Minister of state for Petroleum Resources, Sen. Heineken Lokpobiri has attributed the low crude oil production in the first ...
“Improved security has boosted Nigeria’s oil production” -Nigerian Navy
The Chief of Naval Staff, Vice Adm. Emmanuel Ogalla, has attributed the increase in oil production in the past six ...
Nigeria projected to have faster oil-led economic growth by 2024 – Report
Analysts at Focus-Economics have projected faster economic growth for Nigeria in 2024, based on increased oil production in the highlighted ...
