Tag:Nigeria oil production

Energy

Nigeria Meets OPEC Quota as August Oil Output Rises to 1.5m bpd

Nigeria’s crude oil production rose by 0.4 per cent in August 2026 to an average of 1,500,190 barrels per day, allowing the country to...
Akeem Adebayo -
Energy

PENGASSAN, NUPRC Unite to Push Nigeria’s Oil Output to 3m bpd by 2030

ABUJA — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has pledged to work with the Nigerian Upstream Petroleum Regulatory Commission...
Akeem Adebayo -
Politics

Elumelu: Oil Theft Losses Fell From 97% to 2% Since 2023

LAGOS — Billionaire businessman and investor Tony Elumelu says oil production losses to theft on assets linked to his operations have fallen sharply, from...
Akeem Adebayo -
Energy

Tinubu’s Offshore Order Could Add 1m bpd, Unlock $50bn Investment

ABUJA — President Bola Ahmed Tinubu’s Deep Offshore Oil and Gas Project Incentives (Tax Remission) Executive Order 2026 could unlock about $50 billion in...
Akeem Adebayo -
Energy

Nigeria Hits 1.67m bpd, Meets OPEC Quota for Third Straight Month

ABUJA — Nigeria has met and exceeded its OPEC production quota for the third consecutive month, with crude oil and condensate output reaching 1.67...
Akeem Adebayo -
Energy

Nigeria Exceeds OPEC Quota, Hits 74-Month Oil Output High

ABUJA — Nigeria’s crude oil production has exceeded its Organisation of the Petroleum Exporting Countries (OPEC) quota, reaching 104 per cent compliance as output...
Akeem Adebayo -
Energy

Pipeline Security, Community Action Drive Nigeria Past OPEC Output Target

PORT HARCOURT — Coordinated pipeline security measures, community engagement and infrastructure stability pushed Nigeria’s crude oil production above its OPEC quota in May, according...
Akeem Adebayo -
Energy

NUPRC, NRS Deepen Ties to Boost Oil Revenue Collection, Transparency

Abuja, Nigeria — June 17, 2026 — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have strengthened their partnership...
Akeem Adebayo -
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2027 Election: No Politician Is Messiah, Don’t Drag Jesus Into Politics — CAN

  The Christian Association of Nigeria (CAN) has warned politicians against presenting themselves or their preferred candidates as messiahs ahead...
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Energy

TCN Restores Kainji-Birnin Kebbi 330kV Line After Tower Collapse

The Transmission Company of Nigeria (TCN) has restored the 330kV Kainji-Birnin Kebbi transmission line to service after a tower...
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Nigeria at 66: SDP Knocks Palliative Economy, Demands Real Development

  The Social Democratic Party (SDP) has criticised Nigeria’s reliance on palliatives and short-term interventions, calling for a major shift...

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2027 Election: No Politician Is Messiah, Don’t Drag Jesus Into Politics — CAN

  The Christian Association of Nigeria (CAN) has warned politicians...
Energy

TCN Restores Kainji-Birnin Kebbi 330kV Line After Tower Collapse

The Transmission Company of Nigeria (TCN) has restored the...

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