Tag: Oil Production

Nigeria is accelerating oil production by slashing approval timelines for well permits from several weeks to just hours, as global ...

The naira came under renewed pressure on Monday, weakening sharply across foreign exchange markets as declining external reserves and rising ...

Nigeria is failing to capitalise on the surge in global crude oil prices triggered by the ongoing Middle East crisis ...

Energean has agreed to acquire key offshore oil assets in Angola from Chevron in a $260 million deal, as the ...

Nigeria's crude oil production fell to 1.31 million barrels per day (bpd) in February 2026, a 10.69% decline from January's ...

OPEC+ on Sunday agreed to raise crude oil production to 206 000 barrels per day (bpd)  based on recent economic ...

Nigeria has failed to meet its assigned oil production quota for the sixth consecutive month, according to the latest data ...

Oando PLC has issued a strategic wake-up call to the Nigerian energy sector, asserting that the nation’s ambitious goal of ...

Throughout the first 11 months of 2025, Nigeria's combined crude oil and condensate production averaged a steady 1.64 million barrels ...