The Punch on MSN1d
Stakeholders worry as Nigeria spends N18tn on crude production annually
Nigeria spends not less than N1.57tn on crude oil production monthly, translating to about N18tn annually, a development ...
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...
Okay Nigeria4d
Nigeria’s Oil Production Woes: High Costs Squeeze Profits and Threaten Economic Growth
Nigeria oil production costs soar to $40 per barrel, significantly higher than global competitors like Saudi Arabia.
The Punch on MSN4h
Dangote refinery eyes full production capacity, silent on crude source
The Dangote Petroleum Refinery says it has raised daily production to 85 per cent of its 650,000 barrels per day capacity, hoping to hit full capacity in the next 30 days.Officials of the firm, ...
Legit on MSN4d
Nigeria, Iran cause OPEC's January crude oil production drop
Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...
Nigeria Seeks to Boost Daily Oil Output to 2.7 Million Barrels by 2027
Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...
Crude Oil Prices5d
OPEC’s Oil Production Continued to Decline in January
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
The Washington Post8d
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
ABUJA, Nigeria — The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered environmental damage after oil giant Shell’s sale ...