Tag: oil production
Nigeria meets OPEC production quota for second time in 2025
Speaking to Argus Media, NNPC’s Group Chief Executive Officer, Bashir Ojulari, said the country’s current crude oil output is around…
Madugu assumes duty as new JTF Commander
He said this on Friday during the handover ceremony at the Headquarters of the Operation Delta Safe, in Yenagoa. He…
NNPCL celebrates 1.8mbpd oil production, eyes 2mbpd
The feat was achieved in compliance with the mandate of President Bola Ahmed Tinubu, Olufemi Soneye Chief Corporate Communications Officer,…
Buhari reveals massive theft of crude oil in letter to Senate
The revelation was conveyed in a letter to the Senate, in which he seeks some adjustments to the 2022 budget,…
Nigeria reduces oil production after OPEC+ deal: Sylva
The Minister of State for Petroleum Resources, Timipre Sylva, has indicated Nigeria would be reducing oil production by more than…
Saudi Arabia races to restore crude production
Saudi Arabia raced on Sunday to restart operations at oil plants hit by drone attacks which slashed its production by…
South Sudan resumes oil production
South Sudan has resumed oil production in the Northern Unity region after disruption by a five-year old conflict which damaged…
Oil rise as production cuts tighten market
Oil prices rose on Tuesday on the back of an outlook for healthy demand amid ongoing production cuts led by…
Kachikwu decries high cost of oil production
The Minister of Petroleum Resources, Dr. Ibe Kachikwu, has decried the high cost of oil production at 32 dollars per…
Nigeria’s oil production rises to 2.1 million bpd
Nigeria's oil production has risen to 2.1 million barrels a day (bpd) the managing director of state oil firm NNPC…
Stop Oil Theft Now!
The rising incidence of oil theft, pipeline vandalism and other economic sabotage undermining oil production in the Niger Delta betray…
Henry Okah: MEND Threatens ‘Plague of Attacks’
TOKUNBO OLAJIDE The Movement for the Emancipation of Niger Delta, MEND has threatened to resume attacks in Nigeria’s oil-rich Niger…
Angola targets 2mbd, to tie Nigeria’s output
Angola’s national oil company Sonangol said Monday it is targeting a 16 percent rise in oil production to hit 2…
Shell locks in 150k of oil barrels per day
Shell said Sunday it had shut down a key pipeline damaged by fire after what was suspected to be an…