oil production

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…

Nigeria records 1.49mbpd oil production

Nigeria’s oil production has rebounded in November, rising by 100,000 barrels a day bpd to 1.49 million bpd, after witnessing disruptions in October. Nigeria continued to pump below its quota, to the tune of 160,000 bpd, according to the Argus…