Oil Production
Nigeria’s August Oil Output Rises 0.4% as Country Meets OPEC Quota for Fourth Month
By Benson Daniel Nigeria’s crude oil and condensate production increased marginally in August 2026, reaching an average of 1,677,777 barrels per day, as...
Nigeria Maintains 1.5 Million Barrels Daily Crude Output in August
By Benson Daniel Nigeria produced an average of about 1.5 million barrels of crude oil per day in August 2026, maintaining production around...
Nestoil Invests $28m in Drilling Rigs to Boost Crude Oil Production
By Benson Daniel Nestoil Group has deployed its Pathfinder 500 drilling rig to carry out workover operations on two producing wells in Oil...
Fresh Dispute Threatens Planned Resumption of Oil Production in Ogoniland
By Benson Daniel Plans to resume crude oil production in Ogoniland after more than three decades have encountered fresh opposition, raising concerns that...
Nigeria’s Crude Oil Output Stays Above 1.5mbpd for Third Straight Month Despite July Decline
By Benson Daniel Nigeria’s crude oil production remained above the 1.5 million barrels per day mark for the third consecutive month, despite recording...
Pipeline Surveillance Crucial for $50bn Upstream Investment – Stakeholders
By Benson Daniel Stakeholders in Nigeria’s oil and gas industry have stressed the need for stronger pipeline surveillance and protection as the country...
Local Refineries Receive 53.7 Million Barrels of Crude in Q2 2026
By Benson Daniel Local refineries in Nigeria received 53.7 million barrels of crude oil and condensate between April and June 2026, according to...
Nigeria Reactivates 49 Oil Wells to Accelerate Three Million Barrels Per Day Target
By Benson Daniel Nigeria has reactivated 49 previously dormant oil wells as part of renewed efforts to increase crude oil production and achieve...
