Oil Production

Again, Angola Overtakes Nigeria in Oil Production

OPEC’s monthly report for July showed that Nigeria’s oil production declined by 74,000 barrels per day (bpd) to 1.08 million…

2 years ago

Nigeria Loses $2.5bn in July as Oil Production Falls to 1.083m bpd

The production deficit exceeded 700,000bpd, despite assurances of increased drilling

2 years ago

Nigeria’s Oil Production Stages Recovery, Overtakes Libya

Nigeria has regained its top position among crude oil producing countries in Africa with crude oil production averaging 1.27 million…

3 years ago

Venezuela Sesks Economic Ties in Oil Production with Nigeria

The Bolivarian Republic of Venezuela, has called for economic ties with Nigeria, particularly in the area of oil production. The…

3 years ago

Nigeria’s Oil Production Dips by 56.5m Barrels in Six Months

Nigeria's crude oil production dipped by a cumulative 56.559 million barrels in the first six months of 2021 compared with…

3 years ago

Nigeria’s Oil Production Hits Record Low in May: OPEC

Nigeria’s crude oil production output hit record low levels in May, the June Monthly Oil Market Report (MOMR) of the…

3 years ago

Nigeria’s Actual Daily Oil Production Unknown, NEITI Insists

The Nigeria Extractive Industries Transparency Initiative (NEITI) on Tuesday doubled down on its recent disclosure that Nigeria does not know…

4 years ago