THE CABLE Nigeria’s oil production dropped in February to an average of 1.25 million barrels per day (bpd) from 1.39 million the previous month. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this in its latest crude oil and condensate…
BUSINESS POST The Organisation for the Petroleum Exporting Countries (OPEC) may consider reducing the oil production quota of Nigeria and some other African producers failing to meet their current output cuts, the African Energy Chamber fears. The price of crude…
PUNCH NEWS Crude oil production in Nigeria increased by about 2.55 million barrels in the month of November 2021, the Organization of Petroleum Exporting Countries announced on Tuesday. According to OPEC, the country’s crude oil production rose by 85,000 barrels…