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OPEC

Oil and Gas

Nigeria meets OPEC’s 1.5million bpd crude oil quota in July

NIGERIA's crude oil production increased to 1.507 million barrels per day (bpd) in July 2025, surpassing the Organisation of...
Ehime ALEX -
Oil and Gas

Nigeria faces crude oil revenue strain as OPEC+ raises output

THE Organisation of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, plan to raise crude oil...
Ehime ALEX -
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Oil and Gas

Nigeria oil production hits OPEC’s 1.5 million quota

NIGERIA’s average daily crude oil output in June slightly exceeded the Organisation of Petroleum Exporting Countries (OPEC) quota of...
Ehime ALEX -
Oil and Gas

Nigeria oil production falls to 1,453 million barrels per day-OPEC

NIGERIA’s average daily crude oil output fell to 1,453 million barrels per day (bpd) in May, below the Organisation...
Ehime ALEX -
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Oil and Gas

Nigeria oil output drops to 1.4m in March, weakens 2025 budget

There is a growing apprehension over the 2025 budget implementation, as Nigeria's crude oil production failed to improve in...
Ehime ALEX -
Oil and Gas

OPEC confirms petroleum regulator data on oil quota drop in February

THE Organisation of Petroleum Exporting Countries (OPEC) has affirmed data from Nigeria's petroleum regulator, reporting that Nigeria’s average daily...
Ehime ALEX -
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