OPEC+

Nigeria’s Oil Output Surges 4%, Hits OPEC Quota

Nigeria’s oil output, including condensate, increased month-on-month (MoM) by 4 per cent to 1.737 million bpd in January 2025, from…

10 months ago

Nigeria’s Rising Oil Output Falls Short of OPEC Quota Despite Reforms

Nigeria’s daily average oil production rose by 7.38 percent year-on-year in December 2024 to 1.667 million barrels per day, bpd…

11 months ago

OPEC: Angola, Libya overtake Nigeria in crude production

Nigeria’s oil production plunged to 972,000 barrels per day in August 2022, as Angola and Libya overtook Nigeria by producing…

3 years ago

Oil price falls, OPEC raises Nigeria’s production quota— Report

The Organisation of Petroleum Exporting Countries on Wednesday raised Nigeria’s crude oil production quota for September 2022 to 1.83 million…

3 years ago

Nigeria, Iraq claim OPEC not need to boost oil production significantly

There is no need for the Organisation of Petroleum Exporting Countries to be more aggressive in its production of crude…

4 years ago

OPEC+ snubs Biden’s call for bigger oil output, Nigeria thumbs

Nigeria joined the Organisation of Petroleum Exporting Countries and its allies (OPEC+) to rebuff pressures from the United States government…

4 years ago