Nigeria's crude oil production

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

The recent crash in global oil prices and Nigeria’s low crude production levels have raised serious concerns about the feasibility of implementing the 2025 budget. The Nigerian government relies heavily on oil

Victor Ezeja

April 22, 2025

Business·Oil & Gas

Nigeria’s Oil Production Declined By 4% To 1.4m bpd In March

Nigeria’s crude oil production dropped by 4 per cent to 1,400,783 barrels per day (bpd) in March 2025. This is according to the latest crude oil and condensate production data released by

Victor Ezeja

April 12, 2025

Business·Oil & Gas

Naira-for-crude Deal: Dangote Refinery Got Over 48 Million Barrels – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has stated that Dangote Refinery, got supply of over 48 million barrels of crude oil under the Naira-for-crude deal since October when the scheme began.

Victor Ezeja

March 11, 2025

FCCPC Challenges Court Ruling In Dangote Refinery Import Licence Case, Argues Monopoly Concerns

Business·Oil & Gas

Dangote, Other New Refineries Alter Global Oil Trade System

Dangote refinery and other new ones that sprang up in different parts of the world in recent times, including pipeline systems, are said to have altered global oil trade dynamics. The 650,000

Victor Ezeja

January 8, 2025

Business·News·Oil & Gas

Nigeria’s 1.8mbpd Oil Production A Drop In The Bucket – Economist

International Economist and Global Strategist, Derego Williams, has stated that Nigeria’s record of hitting 1.8 million barrels per day of crude oil production in November is like “a drop in the bucket”

Victor Ezeja

November 15, 2024

Business·News·Oil & Gas

Nigeria’s Crude Oil Production Surges To 1.3mbpd In July

Nigeria’s average daily crude oil production increased to 1.307 million barrels per day (mbpd) in July. This was revealed in the Organisation of the Petroleum Exporting Countries (OPEC) monthly Oil Market Report

Victor Ezeja

August 13, 2024

Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

Business·News·Oil & Gas

Dangote: No Refinery Across The World Depends On Domestic Crude Oil Supply – Kachikwu

Amid the ongoing face-off between the Dangote Refinery Limited and the regulators in Nigeria’s oil and gas sector over domestic crude oil supply obligation, businessman and media entrepreneur, Dumebi Kachikwu, has said

Victor Ezeja

August 13, 2024

Business·News·Oil & Gas

We’ve Declared War Against Challenges Affecting Crude Oil Production – NNPCL Boss

In a bid to scale up crude oil production, the Nigeria National Petroleum Company Limited (NNPCL) says it has declared a state of emergency in the oil and gas industry. NNPCL Group

Victor Ezeja

July 3, 2024

Dangote Refinery: Of Hopes, Drools And Jokes

Oil & Gas·Opinion

Dangote And The Fairy Tale Of Fuel Refining: Will The Odds Permit?

News of an unexplained fire incident at a portion of the Dangote Refinery on 26th June was a sad commentary to an already stressed company. Yet, it only supported fears that the

MARCEL MBAMALU

June 29, 2024

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Business·Oil & Gas

Stakeholder Collaboration Key To Boosting Oil Production In Nigeria – NUPRC Boss

Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has underscored the need for collaboration among stakeholders in Nigeria’s oil and gas industry value chain, saying it is

Victor Ezeja

June 27, 2024

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Nigeria’s Oil Production Declined By 4% To 1.4m bpd In March

Naira-for-crude Deal: Dangote Refinery Got Over 48 Million Barrels – NNPCL

Dangote, Other New Refineries Alter Global Oil Trade System

Nigeria’s 1.8mbpd Oil Production A Drop In The Bucket – Economist

Nigeria’s Crude Oil Production Surges To 1.3mbpd In July

Dangote: No Refinery Across The World Depends On Domestic Crude Oil Supply – Kachikwu

We’ve Declared War Against Challenges Affecting Crude Oil Production – NNPCL Boss

Dangote And The Fairy Tale Of Fuel Refining: Will The Odds Permit?

Stakeholder Collaboration Key To Boosting Oil Production In Nigeria – NUPRC Boss

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