By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has warned that Nigeria’s economic recovery could come under renewed pressure from persistently high borrowing...
By Adedapo Adesanya Nigeria’s crude oil production increased in May and June, according to data published by the Organisation of the Petroleum Exporting Countries (OPEC). The...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and allies (OPEC+) agreed to another modest oil output hike for June, which will remain largely...
By Adedapo Adesanya The Dangote Group has announced plans to begin its own crude production, to help cover shortfalls in local crude feedstocks, in the coming...
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 Nigeria’s crude oil production slipped slightly to 1.422 million barrels per day in December 2025 from 1.436 million barrels per day in November,...
By Adedapo Adesanya President Bola Tinubu says the country is in line to boost crude oil production to an ambitious three million barrels per day with...
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 In over 100 days since taking over the operations of Shell, Renaissance Africa Energy Company Limited has ramped up production to 240,000 barrels...
