Nigeria’s crude oil production declined by 4.37% in March to 1.401mn barrels per day (bpd), further widening the gap between actual output and the country’s OPEC quota, the AprilOPEC Monthly Oil ...

Recall that in March, Nigeria crude oil production declined 93% of OPEC quota from the 98% it recorded in February. The document said Lowest and Peak combined crude oil and condensate production ...

Says Regulatory Consistency, Institutional Continuity Needs For Energy Sector Growth The African Energy Council (AEC) has ...

The Extractive Industry Transparency Forum (EITF), a civil society watchdog for efficiency in Nigeria’s oil and gas sector, ...

The Ijaw ethnic nationality has asked for a 100% resource ownership and control of oil resources, instead of the handouts or ...

Extractive Industry Transparency Forum (EITF) has praised the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) over ...

Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost ...

Naira stabilises against the dollar as rising Brent crude prices and CBN interventions offer temporary relief amid lingering ...

The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May ...

Although oil output dropped in March, NUPRC said the average crude oil production is 93 percent of the 1.5 million bpd quota set for Nigeria by OPEC. AllAfrica publishes around 500 reports a day ...

The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its ...