HomeTagsOil Output

Tag: Oil Output

Report Reveals Oil Output Rose by 35,000bpd in November

Report Reveals Oil Output Rose by 35,000bpd in November   Nigeria recorded one of the strongest month-on-month production gains among Organisation of the Petroleum Exporting Countries (OPEC) members in November 2025, pumping 1.436 million barrels per day, up from 1.401 mbpd in October, according to the...

NUPRC Predicts Significant Increase in Nigeria’s Oil Output

NUPRC Predicts Significant Increase in Nigeria's Oil Output   The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, has expressed optimism that Nigeria’s crude oil output will soon witness a significant boost following the completion of a new offshore production facility. Komolafe expressed...

Boost Oil Output by 2026, FG Tells NNPC

Boost Oil Output by 2026, FG Tells NNPC   The Federal Government has directed the management of Nigerian National Petroleum Company Ltd. (NNPC) to increase oil production beyond current levels by the end of the year. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, who...

OPEC Oil Output Drops in April – Report

OPEC Oil Output Drops in April - Report   The Organisation of the Petroleum Exporting Countries (OPEC) oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found. The decline was led by a cut in Venezuelan supply on renewed United...

OPEC Says Nigeria’s Oil Output Rises By 4% To 1.235 mb/d

OPEC Says Nigeria’s Oil Output Rises By 4% To 1.235 mb/d   Nigeria’s oil output rose by four per cent month-on-month, MoM, to 1.235 million barrels per day, mb/d in December 2022, from 1.186 mb/d in November 2022. On Year-on-Year, YoY performance, the nation’s oil output also...

Nigeria’s Oil Output Drops By 23.8% To 1.024m bpd — OPEC

Nigeria’s Oil Output Drops By 23.8% To 1.024m bpd — OPEC   Nigeria’s oil output dropped Year-on-Year, YoY, by 23.8 per cent to 1.024 million barrels per day, mbpd, in May 2022, from 1.344 mbpd recorded in the corresponding period of 2021, according to the Organisation...