News Petrol production at Dangote Refinery affecting European market — OPEC Alagbe Shenayon Jan 16, 2025 The Organisation of the Petroleum Exporting Countries (OPEC) has noted that the production of petroleum products by the Dangote…
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 Oil prices set for weekly dip despite OPEC+ decision Alagbe Shenayon Dec 6, 2024 Despite OPEC+'s decision to delay the rollback of its oil production cuts, oil benchmarks were heading for a weekly loss earlier…
News Nigeria’s crude oil production drops to 1.25mbpd in May — OPEC Alagbe Shenayon Jun 13, 2024 Nigeria’s crude oil production experienced a significant decline to 1.25 million barrels per day (bpd) in May 2024, according to…
News Nigeria’s Crude Oil Production for February Drops By 7.94% – OPEC Toyibat Ajose Mar 13, 2024 The Organisation of Petroleum Exporting Countries(OPEC) said Nigeria’s crude oil production month-on-month dropped by 7.94% to…
News Nigeria’s crude oil production for February drops by 7.94% – OPEC Alagbe Shenayon Mar 13, 2024 The Organisation of Petroleum Exporting Countries (OPEC) said Nigeria’s crude oil production month-on-month dropped by 7.94% to…
Business Nigeria Oil exports rose by 60.8% in Q3 of 2023- OPEC Toyibat Ajose Feb 14, 2024 The Organisation of Petroleum Exporting Countries (OPEC) announced that Nigeria's oil exports increased by 60.8% in the third…
News Nigeria’s crude oil production dropped in January – OPEC Esther Adekanla Feb 14, 2024 In January 2024, Nigeria experienced a slight decrease in crude oil production compared to the levels observed in December 2023.…
Business Nigeria’s oil output rises 7.7% to 1.4m bpd – OPEC Toyibat Ajose Jan 17, 2024 Nigeria's oil output increased month on month (MoM) by 7.7 percent to 1.4 million barrels per day (bpd) in December 2023, up from…
Business Nigeria’s crude oil production may hit 1.5m bpd in 2024 – OPEC Oluwadamilare Emmanuel Dec 1, 2023 The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria can achieve an oil production quota of 1.5 million barrels…