Concern is mounting over Nigeria’s continued inability to meet its crude oil production target under the Organisation of the Petroleum Exporting Countries agreement, a development analysts...
– Signals a New world Energy Order and the return of days of glut – Experts By Uche Chris What happened on Tuesday April 29, 2026...
The United Arab Emirates has announced plans to withdraw from the Organisation of the Petroleum Exporting Countries and its allied grouping, OPEC+, in a move that...
Nigeria’s oil production will remain at 1.5 million barrels per day (bpd) through December 2026, following OPEC’s decision to maintain output levels for member countries in...

Nigeria’s crude oil production rose slightly to 1.401 million barrels per day (bpd) in October 2025, but still remained below its OPEC-assigned quota of about 1.5...
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has announced it will suspend further oil output increases in the first quarter of 2026,...
…Dangote imports 60m barrels of crude Nigeria’s crude oil production has slumped to a five-month low, even as the country’s import bill for petroleum products soared...

The oil output of Nigeria, including condensate, rose month-on-month by 4 percent to 1.737 million bpd in January 2025, from 1.667 million bpd recorded in the...
Nigeria says it will conform with the production quota set for it by the Organisation of Petroleum Exporting Countries (OPEC). OPEC had on June 2, extended...