According to the Organisation of Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production declined for the second consecutive month in March. The country’s daily output dropped...
The Federal Government and the Organisation of Petroleum Exporting Countries (OPEC) disagree over Nigeria’s average daily crude oil production. Speaking during a podcast in Abuja earlier,...
A latest report from the Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s crude oil production experienced a decline of 7.94% month-on-month, reaching 1.322...
Data obtained from the Organization of the Petroleum Exporting Countries (OPEC) has shown that Nigeria’s oil production for August rose to 1.1 million barrels per day...
The Nigerian National Petroleum Company Limited (NNPCL) is faced with a series of challenges in its effort to return the country to one of the top...
A chieftain of the Labour Party (LP), Doyin Okupe has advised President Bola Tinubu to quit Nigeria’s membership of the Organization of the Petroleum Exporting Countries (OPEC)....
Members and non-members of the Organisation of Petroleum Exporting Countries, referred to as OPEC+, have globally slashed crude production. Naija News learnt that this was made...
The incoming administration must implement policies that will drive Nigeria’s economy back on a growth trajectory, says the Director-General of the Nigeria Employers’ Consultative Association (NECA),...
President Muhammadu Buhari-led government has expressed its commitment to meet up with the Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota. Naija News gathered...
Members of the Organisation of Petroleum Exporting Countries and their Russia-led allies on Wednesday agreed on a major cut in oil production. The decision was reached...
As part of the celebration of Nigeria’s 62nd independence, some security experts gathered on Saturday to chat path to how the issue of crude oil theft...
Despite efforts made by the Organisation of Petroleum Exporting Countries (OPEC) to stabilise the cost of the commodity, the global benchmark for crude dropped in price...
The Nigeria Government has suffered a setback in its target to meet the N9.37tn oil and gas revenue target by the end of the year. Naija...
Data released by the Organisation of Petroleum Exporting Countries on Thursday showed that Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when...
President Muhammadu Buhari has approved Seplat Energy Offshore Limited’s takeover of the entire share capital of Mobil Producing Nigeria Unlimited (Exxon Mobil). A statement released on the...
The Organisation of Petroleum Exporting Countries (OPEC) has reportedly raised Nigeria’s oil production quota. The development was revealed in a document made available in the public...
Oil marketers in Nigeria have maintained an increased pump price for Premium Motor Spirit, popularly called petrol, higher than the approved rate after the price of...
Despite the continuous appreciation of oil prices in the country, the Organization of Petroleum Exporting Countries (OPEC) has said that Nigeria and other countries may incur...
Nigeria’s oil production crashed by about 14.94 million barrels in the second quarter of 2022, Naija News reports. Data obtained from the latest Monthly Oil Market...
The latest figures released by the Organisation of Petroleum Exporting Countries showed an increase in Nigeria’s oil production from 1.024 million barrels per day to 1.158mb/d. This...