Nigeria Gains Oil Production Boost as Utapate and Cawthorne Crude Grades Add Over 12 Million Barrels
Nigeria’s efforts to increase crude oil production and strengthen oil export earnings are receiving support from two relatively new crude ...
Tag: OPEC Quota
Nigeria Surpasses OPEC Oil Production Target with Strong May Output
Nigeria recorded a significant increase in crude oil and condensate production in May 2026, exceeding its production target set by ...
Nigeria Misses OPEC Oil Production Quota for Ninth Month
Nigeria has failed to meet its crude oil production quota set by the Organization of the Petroleum Exporting Countries (OPEC) ...
Economist Says Nigeria Misses Oil Windfall as Production Lags
Nigeria is failing to capitalise on the surge in global crude oil prices triggered by the ongoing Middle East crisis ...
Nigeria’s Oil Output Falls to 1.31 Million Bpd, Misses OPEC Quota
Nigeria's crude oil production fell to 1.31 million barrels per day (bpd) in February 2026, a 10.69% decline from January's ...
Nigeria Misses OPEC Oil Quota for Sixth Straight Month
Nigeria has extended its run of crude oil production shortfalls, failing to meet its 1.5 million barrels per day quota ...
Major Investment in Bonga Field Revives Nigeria’s Offshore Oil Ambitions
A substantial $20 billion investment targeting the rejuvenation of Shell's flagship Bonga offshore field has been announced, marking a critical ...
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