Just in: Nigeria’s oil production falls 5.9% to 1.599m bpd
Nigeria’s crude oil production declined on a year-on-year basis to 1.599 million barrels per day (bpd), including condensate, in…
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Oil Production
Tinubu seeks Peace for Oil Production in Ogoniland
President Bola Tinubu on Tuesday directed National Security Adviser Nuhu Ribadu to lead negotiations aimed at resuming oil…
FPSO to increase Oil Production by over 40,000 bp– Lokpobiri
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has praised the progress on the Floating Production…
NNPC declares State of Emergency on Oil Production
The Nigerian National Petroleum Company (NNPC) Limited has declared a state of emergency for oil and gas production in Nigeria.
How COVID-19 helped reduced cost of oil production in Nigeria –…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says COVID-19 had helped to reduce the cost of crude oil…
Senate queries NNPC over high cost of oil production
Members of the Senate Committee on Finance on Monday queried the Nigerian National Petroleum Corporation (NNPC) over what they…
Nigeria’s oil production hits 2.07mbpd in Q1 2020
Nigeria’s crude production stood at 2.07 million barrels per day during the first quarter of 2020, the country’s highest level in…
Attack: Full oil production resumes month end – Saudi Arabia
Saudi Arabia’s energy minister Abdulaziz bin Salman said that half of the crude oil production that was disrupted due to the…
Nigeria to cut oil production by 100% in October – Sylva
The Minister of State for Petroleum, Timipre Sylva on Thursday said that Nigeria has agreed to cut oil production by 50% this…
OPEC reduces Nigeria’s oil production quota to 1.68 million bpd from…
Nigeria is expected to cut its crude oil production by 3.04 per cent to 1.685 million barrels per day for the first half of next…