As the new Group Managing Director, Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, settles in following the official handover by his predecessor, Mele Kyari, stakeholders in the ...

Nigeria’s oil production output dropped by 50,000 barrels a day to an average of 1.5 million per day, in line with its quota. Also, loading of the country’s Bonny Light crude grade faced ...

Nigeria’s crude oil production declined from 98% of the Organisation of Petroleum Exporting Countries (OPEC) quota of February 2025 to 93% of the quota in March 2025. In its document titled ...

Just as Nigeria had started to increase its oil and gas production under President Bola Tinubu, a series of blasts and fires at major pipelines are threatening to unravel the progress Africa’s ...

This development follows concerns that crude oil output could be disrupted by the unrest and disapproval trailing the appointment of a sole administrator in Rivers State, Vice Admiral Ibok Ete Ibas.

Shell Nigeria Exploration and Production Company (SNEPCo) has been named Major Oil Company of the Year for 2023. The award, presented by Nigerian publication Energy Times, recognises SNEPCo’s ...

While OPEC does not compute condensate production, Nigeria has quite a good volume of the commodity and is usually part of its total expected crude oil output in the budget every year. In all ...

The Organisation of the Petroleum Exporting Countries (OPEC) report has indicated that Nigeria retained its position as the largest crude oil producer in Africa in March.This is despite a decline in ...