OPEC Clocks 64, Lauds Nigeria, Tinubu’s Support
The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has expressed deep gratitude to Nigeria and President Bola Tinubu for their unwavering support of the organization since Nigeria joined in 1971.
In a message...
OPEC Places Nigeria's Crude Oil Production at 1.3mbpd
Nigeria’s average daily crude oil production increased marginally to 1.307 million barrels per day in July, the Organisation of the Petroleum Exporting Countries said on Monday.
OPEC’s figure is contrary to claims by President Bola Tinubu and the...
New Energy in Namibia, Ivory Coast, Others Dim Nigeria's Oil Investment - Report
In a report by African Energy Chamber, Nigeria's spot on investors' radar screens has dimmed significantly as investors attention is increasingly drawn to new and emerging developments in Namibia, Ivory Coast, Angola,...
Crude Oil: Nigeria’s Average Daily Production Stands at 1.6mb – NUPRC
The chief executive officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, says the country’s average daily production stood at 1.6 million barrels per day (mbpd) as of July 23.
Komolafe spoke...
Oil Production Increases by 25,000 barrels per day – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s daily oil production rose by 25,000 barrels per day, increasing from 1.251 million barrels per day in May to 1.276mbpd in July.
It disclosed this in...
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...