Tag: Crude Oil Production

Vice-President Kashim Shettima has attacked former Vice-President Atiku Abubakar over his proposal to restore petrol subsidy, warning that reversing President ...

Nigeria’s crude oil production is projected to rise to 1.72 million barrels per day (bpd) in the fourth quarter of ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) increased its profit after tax to ₦7.2 trillion in 2025, even as ...

Nigeria has met its Organisation of the Petroleum Exporting Countries (OPEC) crude oil production quota for the fourth consecutive month, ...

The Nigerian National Petroleum Company Limited (NNPC Ltd.) remitted N7.913 trillion to the Federation Account between January and July 2026, ...

At least 19 oil licences in Nigeria’s upstream petroleum sector have stated expiry dates falling within 2026, according to the ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) is preparing to implement a new framework for deep offshore production-sharing contracts ...

The Nigerian National Petroleum Company (NNPC) Limited says it is repositioning itself from being solely an oil and gas producer ...

Nigeria's economy is showing increasing signs of macroeconomic stability as recent policy reforms support growth, although persistent structural challenges continue ...

The Nigerian National Petroleum Company Limited (NNPC) recorded a drop in revenue and profit in May 2026, despite maintaining steady ...