Oil and Gas

Nigeria’s Earnings From Oil, Gas Drop By 1.65% To $45.95bn
March 3, 2025

Nigeria earned a total of $45.95 billion from oil and gas exports in the first eleven...

Read More
UPDATED: Non-oil sector pushes GDP up by 3.84% in Q4 2024
March 3, 2025

The National Bureau of Statistics (NBS) has reported that Nigeria’s annual gross domestic product (GDP) grew...

Read More
Local refineries contribute less than 50 percent of Nigeria’s daily petrol consumption – NMDPRA
February 25, 2025

The Nigeria Midstream and Downstream Petroleum Regulatory Authority has said that local refineries have contributed less...

Read More
Nigeria’s OPEC Production Figures In Q4, 2024
February 16, 2025

Nigeria’s crude oil production figures for 2024 have shown significant developments, particularly in the latter part...

Read More
Nigeria needs $20 billion annual investment to bridge gap in gas infrastructure – NEITI CEO
February 10, 2025

The Executive Secretary and Chief Executive Officer of the Nigeria Extractive Industry Transparency Initiative (NEITI), Dr...

Read More
Nigeria’s CNG conversion capacity increases by 2,500% in 2024 – NMDPRA
January 20, 2025

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that Nigeria’s Compressed Natural Gas...

Read More
Nigeria produced 566 million barrels of crude oil in 2024 – NUPRC data
January 15, 2025

Data mined from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) show that Nigeria produced a total...

Read More
OPEC: Nigeria’s Crude Output Surpasses 1.5mbpd, First Time In 4 Years
January 15, 2025

Nigeria’s crude oil production has surpassed 1.5 million barrels per day (mbpd) for the first time...

Read More
Fuel imports hit 2.3bn litres despite local production
December 6, 2024

Despite the commencement of petrol production by two major refineries in Nigeria in the last three...

Read More
Nigeria’s crude oil production drops to 1.53 million bdp in October 2024 — NUPRC
November 28, 2024

Nigeria’s crude oil production experienced a slight decline in October 2024, dropping from 1.54 million barrels...

Read More
We hit 1.8 million bpd crude oil production in November, says NNPC
November 19, 2024

The Nigerian National Petroleum Corporation (NNPC) Limited has claimed to have achieved 1.8 million barrels per...

Read More
Nigeria’s crude oil production rises to 1.43 million bpd in October 2024 — OPEC
November 14, 2024

Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million...

Read More