The Federal Government has announced it has recovered 230,000 barrels of stolen crude oil since April 1, and arrested 85 suspects and 72 boats. This was...
The Organisation of the Petroleum Exporting Countries (OPEC) has stated that Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd)...
The Organization of the Petroleum Exporting Countries (OPEC) raised Nigeria‘s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022...
The International Energy Agency (IEA) has predicted that global demand for oil and gas will increase and that oil demand alone will expand by 3.3 million...
Mohammad Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) has stated that the cartel’s forecast for crude oil demand in 2022 is 28.8...
The Nigerian National Petroleum Company Limited has concluded plans to ramp up crude oil production to 1.8 million barrels per day in 2022 from the 1.45...
Nigeria pumped 1.48 million barrels of crude oil in June, witnessing a significant drop in production compared to previous months, the latest S&P Global Platts survey...
The Minister of Environment, Dr Mohammad Abubakar, says Nigeria recorded 4,919 oil spills between 2015 to March 2021 and lost 4.5 trillion barrels of oil to...
