The Organisation of Petroleum Exporting Countries and its allies (OPEC+) have once again adjusted crude oil output among key producers, excluding Nigeria from the latest production...
The United States reduced its purchase of Nigerian crude oil sharply in January 2026, with imports dropping by about 47.16 per cent month-on-month, according to the...
The International Monetary Fund (IMF) has opined that there would be significant recovery in Nigeria’s Balance of Payment (BoP) following the ongoing surge in crude oil...
Nigeria’s crude oil production dropped to 1.31 million barrels per day in February, even as local refineries continue to grapple with inadequate domestic crude supply needed...
British prosecutors on Tuesday accused Nigeria’s former oil minister and the first woman to lead OPEC, Diezani Alison-Madueke, of maintaining a lavish lifestyle with bribes linked...
The International Energy Agency (IEA) has said that Nigeria currently has a sustainable crude oil production capacity of 1.42 million barrels per day and zero spare...
The Organisation of Petroleum Exporting Countries (OPEC), on Friday, said Africa could add 1.2 million barrels per day to her refining capacity by 2030, which...
New data from the Organization of the Petroleum Exporting Countries’ (OPEC) August 2025 Monthly Oil Market Report (MOMR) indicate that Nigeria was able to sustain its...
The Organisation of Petroleum Exporting Countries (OPEC), has credited supplies from the Dangote Refinery and Petrochemicals with the capacity of mounting pressure on the performance...
