barrels

Nigerian Navy recovers 230,000 barrels of stolen crude oil since April

The Federal Government has announced it has recovered 230,000 barrels of stolen crude oil since April 1, and arrested 85…

4 years ago

Nigeria’s crude oil production improves to 1.238mbpd in June

The Organisation of the Petroleum Exporting Countries (OPEC) has stated that Nigeria’s crude oil production increased to an average of…

4 years ago

OPEC raises Nigerian production quota to 1,772 mbpd for June

The Organization of the Petroleum Exporting Countries (OPEC) raised Nigeria‘s oil production quota from the 1.735 million barrels per day…

4 years ago

IEA predicts oil output to hit 3.3m barrels per day in 2022

The International Energy Agency (IEA) has predicted that global demand for oil and gas will increase and that oil demand…

4 years ago

OPEC projects 28.8m barrels per day oil demand for 2022

Mohammad Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) has stated that the cartel's forecast for crude…

4 years ago

NNPC targets 1.8mbpd production

 The Nigerian National Petroleum Company Limited has concluded plans to ramp up crude oil production to 1.8 million barrels per…

4 years ago

Nigerian oil output drops despite rising prices

Nigeria pumped 1.48 million barrels of crude oil in June, witnessing a significant drop in production compared to previous months,…

5 years ago

Nigeria records 4,919 oil spills in 6 years- minister

The Minister of Environment, Dr Mohammad Abubakar, says Nigeria recorded 4,919 oil spills between 2015 to March 2021 and lost…

5 years ago

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