Nigeria’s daily average oil production rose by 152,000 barrels per day last November 2024. This is according to data sourced from the newly released monthly oil market report by the Organisation ...

Nigeria's upstream regulator is aiming for an oil production of at least 2.1 million ... On December 6, 2024, Norway’s majority state-owned Equinor announced it had exited Nigeria altogether ...

This boost is a welcome development for the country, which has been working to improve its oil production. It’s worth noting that Nigeria’s oil production has been fluctuating over the years. Related ...

In response to the decline, the NNPC Ltd declared a state of emergency on Nigeria’s crude oil production on 2 July. The move, according to the company, aimed to increase Nigeria’s crude oil ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

Nigeria’s crude oil ... of Petroleum Resources that production hit 1.8mbpd in November. Recently, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said, “From the ...

Nigeria's state oil company tried to reduce panic buying on Friday by announcing additional supplies but to little avail. Femi Olawore, the executive secretary of the Major Oil Marketers ...

London-listed Seplat completed its purchase of a range of oil ... Nigeria’s present production capacity, said chief executive Roger Brown. Seplat will run the assets in conjunction with state ...