Tag:OPEC quota

Nigeria Meets OPEC Quota for Sixth Month as October Oil Output Hits 1.51mbpd

Nigeria maintained its compliance with its Organisation of the Petroleum Exporting Countries (OPEC) crude oil production quota for the sixth consecutive month in October...

Nigeria Meets OPEC Oil Quota for Fifth Straight Month as Output Rises in September

Nigeria met its Organisation of the Petroleum Exporting Countries (OPEC) crude oil production quota for the fifth consecutive month in September 2026, producing an...

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...

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...

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...

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Senate Warns Petroleum Sector Nominees Against Sabotage, Corruption

The Senate has warned seven nominees for executive positions in Nigeria’s midstream and downstream petroleum sector against corruption, administrative...
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ADC Governorship Candidates Challenge Lifu Ruling, Seek Review Ahead of 2027 Polls

Governorship candidates of the African Democratic Congress (ADC) have called on appellate courts to review a Federal High Court...

Ebonyi Pensioners Endorse Nwifuru for 2027 Re-election Over Arrears Payments

The Nigeria Union of Pensioners (NUP) has endorsed Ebonyi State Governor Francis Nwifuru for a second term in 2027,...

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Senate Warns Petroleum Sector Nominees Against Sabotage, Corruption

The Senate has warned seven nominees for executive positions...

ADC Governorship Candidates Challenge Lifu Ruling, Seek Review Ahead of 2027 Polls

Governorship candidates of the African Democratic Congress (ADC) have...