Daily Oil Production Drops to 1.25mbpd – OPEC Nigeria’s daily oil production dipped further to 1.25 million barrels per day in May, a report by the Organisation of the Petroleum Exporting Countries (OPEC) has said. This is despite the claim by the Federal Government and the...

Nigeria’s Daily Oil Production Falls Below 1.2m Barrels   Crude oil production in Nigeria fell below 1.2 million barrels per day in December 2021 from 1.28 million bpd in the previous month, according to the Organization of the Petroleum Exporting Countries. The country produced 1.197 million bpd...

Nigeria’s Daily Oil Production Rises To 1.42m Barrels       Nigeria increased its crude oil production to 1.42 million barrels per day in February, the latest monthly report of the Organisation of the Petroleum Exporting Countries has shown. The country recorded the biggest increase in crude oil production...

Nigeria’s Daily Oil production Drops To 1.32m Barrels         Crude oil production in Nigeria extended its decline to 1.32 million barrels per day in November on the back of the cut deal by the Organisation of the Petroleum Exporting Countries and its allies. The latest data obtained...

Nigeria’s Daily Oil Production Decreases To 1.57m Barrels   Nigeria’s crude oil production fell to a record low of 1.57 million barrels per day last month, the Organisation of Petroleum Exporting Countries has said. The producer group said in its monthly oil market report published on Wednesday...

The Senate has asked the Department of Petroleum Resources to henceforth prepare and forward to it daily records of oil and gas production and sale in the country. The Senate Committee on Petroleum (Upstream) said the records must be submitted to it every month. The records...