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

The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream Petroleum Regulatory Commission.

Nigeria's upstream regulator is aiming for an oil production of at least 2.1 million barrels a day for 2025. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is aiming for an oil ...

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 ...

A new report has alleged that Nigeria may be headed to a showdown with the Organisation of Petroleum Exporting Countries ...

The NUPRC boss added that this bold production target aims to position Nigeria as a more competitive and sustainable player in the global oil and gas industry. Oil rigs, also known as drilling ...

has asserted that Nigeria is poised to significantly enhance its oil production capacity, increasing from 900,000 barrels to over 1.5 million barrels per day. This positive outlook is largely ...

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 ...

Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to industrial data. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission confirmed that Nigeria ...

Nigeria’s oil production experienced significant fluctuations in 2024. The country’s oil production output fell to 1.322 million barrels per day (mbpd) in February 2024, from 1.427 million ...

Nigeria’s daily average oil production rose by 7.38 percent year-on-year in December 2024 to 1.667 million barrels per day, bpd from 1.552 million bpd, including condensate, recorded over the ...