By Adedapo Adesanya The oil market slumped on Thursday, pressured by an expected increase in supply, supported by rising expectations of a Federal Reserve interest rate...
By Aduragbemi Omiyale The Organisation of the Petroleum Exporting Countries (OPEC) has said the average crude oil production in Nigeria, a member of the group, dried...
By Adedapo Adesanya The Joint Task Force South-South, Operation Delta Safe (OPDS), has reiterated that it would ensure that Nigeria, Africa’s largest crude oil producer, meets...
By Adedapo Adesanya The newly appointed board and management team for the Nigerian National Petroleum Company (NNPC) Limited has pledged to produce two million barrels of...
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited has announced that Nigeria’s oil output is increasing and, as of Thursday, stood at 1.6 million...
By Adedapo Adesanya An improvement in the crude oil output in Nigeria has eased the pressure on the Naira against its peers in the foreign exchange...
By Adedapo Adesanya The Nigerian National Petroleum Corporation (NNPC) has revealed that Nigeria has complied with the oil production quota allotted to the country by the...
By Adedapo Adesanya Nigeria has announced it was ready to make additional oil output cut from July to September to compensate for producing more than its...
By Dipo Olowookere Nigeria has been told by the Organization of Petroleum Exporting Countries (OPEC) not to produce above 1.8 million barrels per day (1.8mbpd) of...
By Dipo Olowookere The request by the Nigerian government for an exemption from the crude oil production cut has been granted by the Organisation of Petroleum...
