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However, this recovery has now placed the government in a difficult position, as it faces the challenge of balancing ...

Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production ...

Nigeria aims to increase its OPEC oil production quota as output recovers but faces potential opposition from the cartel.

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...

Nigeria’s daily average oil production rose by 7.38 percent year-on-year in December 2024 to 1.667 million barrels per day, ...

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 ...

According to experts, the Dangote refinery might end the decades-long gasoline trade from Europe to Africa, valued at $17 ...

The Organisation of the Petroleum Exporting Countries (OPEC) has said the Dangote Refinery has significantly reduced ...

indicating that it did not meet up with its oil production quota of 1.5 mbpd allotted to it by OPEC. The December 2024 average daily oil output also means that Nigeria failed to meet the 1.7 mbpd ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria's crude oil production reached 1.5 million barrels per day in December 2024, a major milestone in the country's ...

The Organisation of the Petroleum Exporting Countries (OPEC) has forecast global oil demand growth rate at 1.4 million barrels per day (mb/d) in 2025, with a similar growth rate expected in 2026.