oil production

NNPCL targets 1.8mbpd oil production by Q4 2023

The Nigeria National Petroleum Company Limited (NNPCL) has said it is projecting Nigeria’s oil production to hit 1.8 million barrels per day by the fourth quarter of this year. The Executive Vice President, Upstream, NNPCL Engr. Adokiye Tombomieye attributed the projections…

Nigeria to boost oil production to 1.7mbpd

By Akinyemi Precious Nigeria, OPEC’s largest producer in Africa, aims to significantly increase its oil production to up to 1.7 million barrels per day (bpd) by November 2023, hoping to win a higher quota in the OPEC+ agreement. Permanent Secretary…