Tag Archive: OIL PRODUCTION

Nigeria to cap oil production output at 1.8mbpd early next year
Nigeria to cap oil production output at 1.8mbpd early next year
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Barring any unforeseen circumstances, Nigeria will finally join it OPEC...

Nigeria’s indigenous oil producers increase production by 200% in June
Nigeria’s indigenous oil producers increase production by 200% in June
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Sixteen Nigerian indigenous oil producers who operate in partnership with...

NPDC targets equity production of 500,000 bpd by 2020
NPDC targets equity production of 500,000 bpd by 2020
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Nigerian Petroleum Development Company (NPDC), the flagship subsidiary of the...

NNPC says Nigeria's oil production cost down 70.5% to $23/Barrel
NNPC says Nigeria’s oil production cost down 70.5% to $23/Barrel
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The Nigerian National Petroleum Corporation (NNPC) said it has driven...

Seplat ramps up production as Shell lifts Forcados force majeure
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Seplat Petroleum Development Company Plc (Seplat) has said it has...

Nigeria’s Forcados oil comes back in fresh blow to OPEC cuts
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Nigeria is adding barrels to the market just as other...

Nigeria could hit 2.2 million bpd oil output by end of June – Oando
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The worst disruptions in Nigeria’s oil-producing Delta region are over,...

Oil production running at 2 million barrels a day -NNPC
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Nigeria’s oil production stands at 2 million barrels per day,...

Nigeria to average 1.8m bpd crude oil output in 2017
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Analysts at Ecobank have forecasted that Nigeria’s average oil output...

Updated: IMF says Nigeria’s economy will grow by 0.8% in 2017
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The International Monetary Fund says it foresees Nigeria’s economy to...