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Bashir Ojulari, the head of Nigeria’s state oil company, said he wanted the quota to rise to 2 million barrels per day.
Nigeria has achieved its crude oil production target for the second time in 2025, reaching a daily output of 1,505,474 barrels in June, PM News has learnt.This figure, released by the Nigerian ...
Nigeria is aiming for a 2 million bpd OPEC+ target by 2027, supported by rising production and major oil company investments.
Industry leaders, including the Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Independent Petroleum Producers’ Group (IPPG), have emphasised ...
Nigeria took full its June 2025 Organization of the Petroleum Exporting Countries (OPEC) oil production quota at 1.505 ...
The CEO, Heirs Energies , Osayande Igiehon , explained that with Nigeria targeting oil production of 2.1 million barrels per day (bpd) in 2025 and 2.7 million bpd by 2027, the discussion will ...
Nigeria’s hydrocarbon production has ramped up to 1.8 million barrels a day (MMbd) of oil and 7.4 billion cubic feet per day of gas this month, with the possibility of crude production ...
Nigeria's state oil firm NNPC said on Thursday it had increased oil production to 1.8 million barrels per day (bpd), with the possibility of getting to two million bpd by year-end.
Now a potential restart of oil production Ogoniland region in southern Nigeria, where Shell halted its operations in 1993 following violent protests over allegations of widespread environmental ...
LAGOS, June 3 (Reuters) - Nigeria is witnessing a significant shift in its oil and gas landscape as local companies expand their roles, driving a new phase of potential sectoral growth and innovation.
ABUJA, Nigeria (AP) — The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered environmental damage after oil giant Shell’s ...