By Adedapo Adesanya The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bayo Ojulari, has said that Nigeria could increase oil production by...
By Adedapo Adesanya Nigeria’s crude production dropped 145,000 barrels per day in February 2026, reversing the small gains made in January 2026. The country averaged 1.314...
By Adedapo Adesanya The Nigerian Navy has launched Operation Delta Sentinel, a new maritime security initiative designed to curb crude oil theft, secure critical oil assets...
By Adedapo Adesanya Oil prices edged higher to a two-week high on Tuesday on forecasts for less US oil production as well as renewed Houthi attacks...
By Adedapo Adesanya Crude oil was down by $1 per barrel on Monday after reports emerged that Iran was seeking an end to hostilities with Israel,...
By Adedapo Adesanya Eight key producers in the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) on Thursday agreed to raise combined crude oil...
By Adedapo Adesanya Nigeria raised its crude oil production by 50,000 barrels per day to around 1.5 million barrels per day in December 2024, according to...
By Adedapo Adesanya Nigeria raised its crude oil output by 50,000 barrels per day in May 2024, making the country one of the largest contributors to...
By Adedapo Adesanya Nigeria’s crude oil output sank yet again in April 2024 to around 1.18 million barrels per day, according to secondary data from Reuters....
By Adedapo Adesanya Nigeria’s crude oil production on a month-on-month basis dropped by 7.9 per cent to 1.322 million barrels per day, barrels per day in...