Tag: Crude Oil Production
-
Crude oil production in Nigeria has dropped to 1.25mbpd – OPEC
The Organization of Petroleum Exporting Countries (OPEC) has said that Nigeria’s crude oil production made a record decline to 1.25 million barrels per day in May 2024.
-
OPEC: Nigeria drops in ranking, now 7th oil producing nation
Organization of the Petroleum Exporting Countries (OPEC) has ranked Nigeria 7th in crude oil production for the month of November. The ranking was arrived at after the country’s production output and monthly review for October.
-
Nigeria complies with OPEC+ deal, reduces crude oil production to 1.41mbpd
After agreeing to a deal with the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, Nigeria is complying to reduce the volume of its crude production to 1.41 million barrels per day in May and June. The new output commenced on the first day of this month and it made Nigeria, which is…