NNPCL restores Oil Production of 275,000bpd As Unions suspend Strike
The Nigerian National Petroleum Company Limited (NNPCL) has brokered a peace deal between the Management of TotalEnergies, operator of the ...
Tag: Oil production
Increased Oil Production in Nigeria would yield Faster Economic Growth by 2024 – Analysts
Analysts at Focus-Economics have projected faster economic growth for Nigeria in 2024, based on increased oil production in the highlighted ...
Nigeria’s Crude Oil Production falls from 2.5mbpd to 1.1mbpd
In the last 23 years, Nigeria's crude oil production trajectory has dropped from 2.5 million barrels per day (mbpd), to ...
OPEC+ increase oil production by 140,000 b/d in December 2022
A survey by S&P Global Commodity Insights has revealed that members of the Organisation of Petroleum Exporting Countries and its ...
In Speedy Recovery, Nigeria’s Oil Production Rises to 1.6mbpd
Nigeria is speedily recovering from the months of under-production with oil production at 1.59 million barrels per day as of ...
Nigeria losses $2.7bn as oil production falls below 1mb/d
Nigeria’s oil production crashed below the one million barrels per day mark in August costing the country about $2.658 billion, ...
Oil Rally: Nigeria’s Oil Production Rose in September To 1.45mbpd
Nigeria’s oil production volume rose to 1.45 million barrels a day last month, up from the 1.29 million barrels it ...
Covid-19: FG Says Pandemic Helped To Curb Cost of Oil Production
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says COVID-19 had helped to reduce the cost of crude ...
Nigeria’s Oil Production Output Slopes To 1.48m Barrels, Despite Intervention
Despite rising oil prices and opportunities for improved earnings, Nigeria’s capacity to take advantage of the rally remains undermined by ...
Nigeria To Raise Oil Production By 2m Barrels
The Organisation of the Petroleum Exporting Countries and its allies appear set to increase their combined oil production by about ...
