Nigeria keeps to OPEC quota for fifth straight month as output rises
Nigeria stayed within its production quota set by the Organization of the Petroleum Exporting Countries for the fifth consecutive month in September,…
crude oil production
Nigeria to hit 3mbpd of crude output by 2030 — NUPRC
Nigeria remains on course to achieve its target of producing three million barrels of crude oil per day by 2030, with ongoing…
Dangote Refinery dumps naira, fixes petrol price at $0.779/litre
Dangote Petroleum Refinery has fixed the ex-depot price of Premium Motor Spirit, petrol, at $0.779 per litre, unveiling a new pricing template…
Nigeria’s oil output hits 1.56 million barrels in June
Nigeria’s crude oil production rose to an average of 1.56 million barrels per day in June 2026. This exceeded the country’s quota…
NUPRC, defence ministry partner on oil infrastructure security
The Nigerian Upstream Petroleum Regulatory Commission has called for deeper collaboration with the Federal Ministry of Defence to strengthen the protection of…
Nigeria can hit 1.9 million bpd crude oil production — NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has expressed confidence that Nigeria can increase crude oil production to 1.9 million barrels per day,…
Nigeria’s crude petroleum records 16.37% growth in Q1 2026 — NBS
Nigeria’s crude petroleum sector grew by 16.37 per cent year-on-year in nominal terms in the first quarter of 2026, marking a return…
US crude imports from Nigeria fall 15% in Q1
The United States spent $578.78m on crude oil imports from Nigeria in the first quarter of 2026, down from $681.40m in the…
Refiners fail to lift $3.13bn worth of crude in Q1 — NUPRC
Domestic refiners in Nigeria left an estimated $3.13bn worth of crude oil unlifted in the first quarter of 2026, highlighting deepening inefficiencies…
Crude oil surge boosts Nigeria’s revenue by $4 billion
Nigeria and oil companies operating in the country have reportedly earned about four billion dollars from the surge in crude oil prices…
NUPRC reports 4.2% rise in March oil output
The Nigerian Upstream Petroleum Regulatory Commission on Wednesday said that Nigeria’s oil production rose by 4.2 per cent to 1.546 million barrels…
NNPCL reports ₦2.68tn revenue despite oil production drop
The Nigerian National Petroleum Company Limited has announced a revenue collection of N2.68 trillion from its economic activities in February 2026, even…