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Business

Increase in crude production a result of sustained onslaught on oil theft —Kyari

Group Chief Executive Officer (GCEO) of NNPC Ltd., Mr. Mele Kyari, has disclosed that the current onslaught against crude oil theft and pipeline vandalism...

Business

Nigeria’s crude oil production hits 1.3 million bpd

Nigeria’s crude oil production rose to 1.307 million barrels per day in July.The Organisation of Petroleum Exporting Countries (OPEC) disclosed this in its Monthly...

Business

Nigeria’s crude oil production increased to 1.27mbpd in June —OPEC

Nigeria’s average daily crude oil production increased to 1.27 million barrels per day (mbpd) in June 2024, fresh data from the Organisation of Petroleum...

Business

NNPC declares state of emergency on crude oil production

The Nigerian National Petroleum Company Limited (NNPC) Limited has declared a state of emergency on crude oil production in the country.The company also called...

Business

Nigerian govt targets 2mbpd crude oil production in 2024

The Federal Government of Nigeria has set a target of two million barrels per day crude production in 2024.This is about 500,000bpd higher than...

Business

Nigerian govt targets 2 million bpd output by December

The Minister of State for Petroleum Resources, Heineken Lokpobiri, said on Friday the Federal Government planned to increase crude oil production to two million...

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