Nigeria’s Oil Production Rises 0.4% in August, Meets OPEC Quota Again Nigeria’s crude oil production recorded a modest increase in August 2026, with combined crude oil and condensate output rising to 1.68 million barrels per day, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The figure represents a 0.4% […]
The high-flying era of Nigeria’s first female OPEC President has met a stark reality in a London courtroom. On Tuesday, January 27, 2026, British prosecutors painted a vivid picture of the “life of luxury” allegedly funded by a massive bribery scheme. Diezani Alison-Madueke, once the most powerful woman in the […]
Sweeping Changes to Drive Efficiency and Investment in Nigeria’s Oil Sector In a bold move to strengthen Nigeria’s oil and gas industry, President Bola Ahmed Tinubu has reconstituted the Nigerian National Petroleum Company (NNPC) Limited board, appointing new leadership to steer the corporation toward greater efficiency, transparency, and profitability. The […]
NNPC Ltd. clarifies its role in facilitating the divestment process of International Oil Companies (IOCs) during the NIES 2024 Summit in Abuja. Mr. Mele Kyari, NNPC Ltd.’s Group CEO, emphasized the company’s commitment to ensuring optimal production from divested assets for national energy security. He also highlighted NNPC Ltd.’s readiness […]
Central African country, Angola has today announced it is leaving the oil organization, OPEC over a disagreement on production quotas following the organization’s decision last month to further reduce output next year. This was disclosed by the country’s Mineral Resources and Petroleum minister Diamantino Azevedo stating that the […]
