Nigeria Breaks 10-Year Drought in Oil Investments – Lokpobiri
Nigeria has recorded its first major oil sector investments in over a decade, ending a 10-year drought, according to the ...
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Tag: #NigeriaOil
NUPRC Revokes Approval of TotalEnergies’ SPDC Stake Sale
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revoked its earlier approval for French oil giant TotalEnergies to divest its ...
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FG Supplies 67.6m Barrels of Crude to Local Refiners, Falls Short of Demand
The Federal Government has disclosed that 67,657,559 barrels of crude oil were supplied to local refineries for processing between January ...
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Nigeria’s Oil Output Drops to 1.43mbpd in August, Falls Below OPEC Quota
Nigeria’s crude oil production declined again in August 2025, reversing gains that had seen the country exceed its OPEC quota ...
Read moreNigeria’s 3.5bn Barrels of Undeveloped Oil Valued at N341tn – NUPRC
Over 3.5 billion barrels of oil and condensate reserves are currently locked in undeveloped fields across Nigeria’s basins, according to ...
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Nigeria Sustains Oil Output Above OPEC Quota for Second Month
Nigeria’s average daily crude oil production rose to 1.507 million barrels per day (bpd) in July, according to the latest ...
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Nigeria’s Oil Output Rises to 1.546m bpd in July, Retains Africa’s Top Producer Spot — OPEC
Nigeria’s crude oil production rose to 1.546 million barrels per day (bpd) in July 2025, up from 1.505 million bpd ...
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Nigeria’s Oil Tax Revenue Hits N3.69tn in H1 2025, Up 41.7%
Nigeria’s oil tax revenue rose to N3.69 trillion in the first half of 2025, marking a 41.7 per cent increase ...
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Nigeria Surpasses OPEC Quota in June with 1.5m Daily Crude Output
Nigeria’s daily crude oil production climbed above its OPEC-assigned quota in June 2025, marking the second time this year the ...
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Dangote Refinery Slashes Petrol Prices Again Amidst Ongoing Competition
The price competition in Nigeria’s downstream oil sector intensified on Thursday as the Dangote Refinery discreetly lowered its petrol loading ...
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