Tag:Nigeria oil production

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 - August 12, 2026

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 - July 12, 2026

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 - June 19, 2026

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 - June 17, 2026

Energy

Nigeria Targets 2.5mbpd as Oil Output Rises to 1.8mbpd — Lokpobiri Pushes Accountability, Investment Drive

Abuja — The Federal Government has set a new crude oil production target of over 2.5 million barrels per day as part of efforts...

Akeem Adebayo - June 12, 2026

Energy

Nigeria surpasses OPEC quota with 11-month high oil output in May

Nigeria’s oil production rose above its OPEC allocation in May 2026, reaching its highest level in 11 months and signalling sustained recovery in the...

Akeem Adebayo - June 11, 2026