OPEC Cautions FG Against Crude ExportÂ
The Chairman of the OPEC Board of Governors for 2025 has called on Nigerian oil producers to prioritise domestic refining and value creation instead of exporting raw crude.
Speaking on Wednesday at the Nigerian Association of Petroleum Explorationists Pre-Conference Workshop...
Nigeria to Seek Higher Oil Quota at Next OPEC Meeting - Lokpobiri
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has disclosed that Nigeria will push for an increased oil production quota at the upcoming OPEC meeting in November, citing improved output...
Nigeria’s crude oil production declined to 1.39 million barrels per day (bpd) in September 2025, marking a second consecutive month of reduced output.
Nigeria, Morocco Launch $25bn Gas Project Company
The ambitious Nigeria-Morocco Gas Pipeline project, estimated to cost $25bn, is advancing rapidly with the creation of a dedicated project company and the expansion of its international financial backing.
The pipeline, set to stretch nearly 6,000 km across West...
Nigeria’s Crude Output Falls Short of OPEC Quota Despite January Gain
Nigeria’s crude oil production fell again in August, reversing gains that had pushed the country above its OPEC quota for two consecutive months.
This was against the backdrop of basking in the euphoria of an...