Nigeria, six other countries drop in crude oil production – OPEC
The Organisation of the Petroleum Exporting Countries, OPEC, has released a fresh report on crude oil production of its member ...
Tag: OPEC
OPEC: Nigeria lost N74.5bn oil revenue in December
Nigeria has lost about N74.51 billion in oil revenue in December last year, a new report by the Organization of ...
OPEC: Nigeria regains top spot as Africa’s highest oil producer
Nigeria has regained it's top spot as Africa's highest oil producing country after producing an average of 1.27 million barrels ...
Libya surpasses Nigeria as Africa’s biggest oil producer
A new report by the Organisation of the Petroleum Exporting Countries (OPEC) shows that Libya has overtaken Nigeria to become ...
Nigeria’s oil output rises to 1.45mbpd in September
Latest data from the Organisation of Petroleum Exporting Countries (OPEC) shows that Nigeria’s oil production volume rose to 1.45 million ...
Nigeria’s hope of raising oil output dims as OPEC sets conditions
There are indications that Nigeria's hopes of increasing oil production output may not be actualised with the new conditions set ...
Nigeria’s oil reserves drop by 543m barrels – OPEC
Nigeria's crude oil reserves have dropped by at least 543 million barrels, from 37,453 million barrels in 2016 to 36,910 ...
Nigeria seeks higher quota as oil price rises to $74
Nigeria has written the Organisation of Petroleum Exporting Countries (OPEC), requesting a higher production quota under the OPEC+ accord. This ...
Nigeria’s oil production falls below OPEC quota
A report from the Organisation of Petroleum Exporting Countries (OPEC) has shown that Nigeria’s crude oil production fell by 6.68 ...
OPEC to Nigeria: Diversify your economy to address oil investments decline
The Organisation of Petroleum Exporting Countries (OPEC) has advised Nigeria and other resource-dependent countries to diversify their economy in the ...