News Crude oil production hits 1.71M BPD – NNPC Alagbe Shenayon Apr 28, 2026 Nigeria’s crude oil production has climbed to its highest level in five years, averaging 1.71 million barrels per day between…
Business Nigeria earns ₦12.81trn from crude oil exports in Q3 2025 – NBS Alagbe Shenayon Dec 16, 2025 Nigeria generated approximately ₦12.81 trillion from crude oil exports in the third quarter of 2025, according to data from the…
News NNPC E&P hits record oil output, marking its highest production level… Alagbe Shenayon Dec 10, 2025 NNPC Limited’s flagship upstream subsidiary, NNPC E&P Limited (NEPL), reached a landmark output of 355,000 barrels of oil per…
Business Nigeria imported 31.69m barrels of crude from US in seven months –… Oluwadamilare Emmanuel Nov 18, 2025 Nigeria imported 31.69 million barrels of crude oil from the United States in seven months, according to data from the US Energy…
Business Oil output drops to 1.58m bpd in September Toyibat Ajose Oct 12, 2025 Nigeria’s crude oil and condensate production declined to an average of 1.58 million barrels per day (bpd) in September 2025,…
News Navy intercepts vessel with 90,000 litres of stolen crude oil in Ondo Alagbe Shenayon May 17, 2025 The Nigerian Navy successfully intercepted a large wooden boat carrying approximately 90,000 litres of stolen crude oil off the…
Business Nigeria records increase in crude oil production — OPEC Report Alagbe Shenayon Jan 13, 2025 Nigeria's daily average oil production increased by 152,000 barrels per day (b/d) in November 2024, according to the latest…
News Port Harcourt refinery begins crude oil processing Alagbe Shenayon Nov 26, 2024 The Port Harcourt Refining Company (PHRC) Ltd in Rivers State has commenced crude oil processing. This is according to the…
News Navy nab suspects with stolen crude oil worth ₦32m in Akwa Ibom Alagbe Shenayon Nov 7, 2024 The Nigerian Navy Forward Operating Base (FOB) in Ibaka has apprehended three suspected oil thieves transporting a boat loaded…
News Nigeria officially begin crude oil sales in Naira Alagbe Shenayon Oct 6, 2024 Nigeria has officially begun selling crude oil and refined petroleum products in naira, as announced by the Federal Government.…