Tag:Oil production

NNPC E&P hits 355,000bpd production, records highest output since 1989

The NNPC E&P Limited (NEPL), the flagship upstream subsidiary of NNPC Ltd., has on Dec. 1, 2025, achieved a record production level of 355,000...

Nigeria on track to hit 2m bpd oil production by 2027 – NNPC

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says Nigeria remains on track to grow crude oil production to two million barrels per day...

Seplat Energy’s production averages 135,636 boepd, up 185% year-on-year

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its unaudited results for the nine...

Govt commends Renaissance Africa’s production increase, calls for more oil, gas investment

The President Bola Ahmed Tinubu administration has stated that its goal of attracting more funds and investments into the Nigerian oil and gas sector...

Nigeria’s oil production stands at 1.745mbpd to hit 2m 2025 ending – Lokpobiri 

The Federal Government says Nigeria is currently producing about 1.745 million barrels of crude oil per day (bpd) targeting to hit two million bpd...

African national oil companies drive exploration, production through IOC collaboration

Africa’s national oil companies (NOCs) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. By strengthening their balance-sheets through partial...

Govt, Navy target 3m bpd oil production by 2025 – Lokpobiri

The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day (bpd) in...

Boost for Nigeria’s oil production, as NNPC’s Utapate crude grade hits global market

In a major boost for Nigeria’s crude oil production, revenue generation and economic growth efforts, the NNPC Ltd has officially unveiled its latest crude...

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Foundation empowers women to encourage economic growth

The MSBON Foundation, a non-profit organisation, has given a variety of entrepreneurial skills to 100 women and young people...
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Middle East conflict: How to ease oil price pressures on consumers, by report

The International Energy Agency (IEA) on Friday, March 20, 2026, set out a range of demand-side actions that governments,...

COP30 Presidency releases Executive Report, outlines next steps to accelerate global climate implementation

The COP30 Presidency on Thursday, March 19, 2026, released the Executive Report of the United Nations Climate Change Conference held in...

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Foundation empowers women to encourage economic growth

The MSBON Foundation, a non-profit organisation, has given a...

Middle East conflict: How to ease oil price pressures on consumers, by report

The International Energy Agency (IEA) on Friday, March 20,...