Oil Production

OPEC+ Holds Oil Production Steady Despite Member Crises

OPEC+ decided to maintain oil output at current levels during a brief…

NNPC E&P Surges to 355,000bpd, Marks Highest Output Since 1989

The Nigerian National Petroleum Company (NNPC) Exploration and Production Limited has achieved…

Nigerians Urged To Avoid Fuel Hoarding As Authorities Confirm Steady Supply

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has called on Nigerians…

Presidency Plans NNPC Restructure As Oil Output Falls Below Targets

The Nigerian Presidency has indicated plans to restructure asset ownership within the…

NNPCL Targets Two Million Barrels Per Day Oil Output By 2027

The Nigerian National Petroleum Company Limited (NNPCL) has reaffirmed its target to…

Nigeria To Seek Higher OPEC Quota At November Meeting — Lokpobiri

Nigeria will push for a higher crude oil production quota from the…

FG Targets 600,000 bpd Crude Boost from New Oil Investments

The Federal Government projects an additional 600,000 barrels per day (bpd) in…

Naira Faces Pressure Despite Strategic CBN Intervention

The Nigerian naira closed out the last trading week on a weakened…

Nigeria Calls on Indigenous Firms to Boost Oil Output Following Landmark Shell Acquisition

Signaling a new era for Nigeria's oil and gas sector, the Federal…

ICYMI: Port Harcourt Refinery Maintains Output Despite Minor Incident, NNPC Assures

Reassuring the public amidst swirling reports, the Nigerian National Petroleum Company Limited…