Tag:Nigeria oil production

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...

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...

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...

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...

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...

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...

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...

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...

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FG Reworks Trade Talks System to Strengthen Nigeria’s Global Market Voice

The Federal Government has begun restructuring Nigeria’s trade negotiation system to strengthen the country’s position in bilateral, regional, continental...
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FCTA Completes 2 Police HQs, 10 Others Near Completion

  The Federal Capital Territory Administration (FCTA) has completed modern Divisional Police Headquarters and residential quarters in Ushafa and Saburi,...

10,700 FCT Workers Face Promotion Test October 5

No fewer than 10,700 workers of the Federal Capital Territory Administration (FCTA) are set to sit for the 2026...

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FG Reworks Trade Talks System to Strengthen Nigeria’s Global Market Voice

The Federal Government has begun restructuring Nigeria’s trade negotiation...

FCTA Completes 2 Police HQs, 10 Others Near Completion

  The Federal Capital Territory Administration (FCTA) has completed modern...