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Nigeria’s oil production drops by 37,000bpd in July, says OPEC

Alake UriAugust 13, 2026August 13, 2026

by Alake UriAugust 13, 2026August 13, 2026024

Nigeria’s crude oil production, excluding condensate, declined by 37,000 barrels per day (bpd) in July 2026, falling to 1.546 million bpd from 1.583 million bpd...

News

FG Projects 300,000bpd Oil Output Boost from Licensing Round

Alake UriJuly 22, 2026July 22, 2026

by Alake UriJuly 22, 2026July 22, 2026026

The Federal Government says the ongoing 2025 Licensing Round is expected to increase Nigeria’s crude oil and condensate production by at least 300,000 barrels per...

News

Oil price reverses gains, falls 0.8% despite escalating US-Iran hostilities

Alake UriJuly 16, 2026July 16, 2026

by Alake UriJuly 16, 2026July 16, 2026025

Global oil prices dipped slightly on Wednesday, with Brent crude falling 0.82 per cent to $84.24 per barrel from $84.94 recorded on Tuesday, as investors...

News

Oil price jumps 14% to $84 per barrel as US-Iran ceasefire collapses

Alake UriJuly 15, 2026July 15, 2026

by Alake UriJuly 15, 2026July 15, 2026027

Global oil prices climbed by nearly 14 per cent on Tuesday, with Brent crude rising to $84.37 per barrel from $76.01 on Sunday, as escalating...

News

Oil tops $80 as Trump reignites Iran tensions

Alake UriJuly 9, 2026July 9, 2026

by Alake UriJuly 9, 2026July 9, 2026027

Global oil prices surged to $80 per barrel after United States President Donald Trump declared the interim ceasefire agreement with Iran over, escalating tensions in...

Business

Nigeria’s monthly oil output rises 2.2%

Alake UriJune 12, 2026June 12, 2026

by Alake UriJune 12, 2026June 12, 2026040

Nigeria’s total oil production, comprising crude oil and condensates, increased by 2.2 per cent in May to 1.70 million barrels per day (bpd), while crude...

News

FG fixes June 12 deadline for oil bids

Alake UriJune 10, 2026June 10, 2026

by Alake UriJune 10, 2026June 10, 2026049

The Federal Government through its Nigerian Upstream Petroleum Regulatory Commission has fixed Friday, June 12, 2026, as the deadline for the submission of technical and...

News

Falana Issues 14-Day Ultimatum Over Alleged $120.5bn Oil Sector Liabilities, Pressures FG on Revenue Recovery

Alake UriJune 5, 2026June 5, 2026

by Alake UriJune 5, 2026June 5, 2026036

Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has issued a 14-day ultimatum to the Attorney General of the Federation and Minister of...

Tag : OIL

Nigeria’s oil production drops by 37,000bpd in July, says OPEC

FG Projects 300,000bpd Oil Output Boost from Licensing Round

Oil price reverses gains, falls 0.8% despite escalating US-Iran hostilities

Oil price jumps 14% to $84 per barrel as US-Iran ceasefire collapses

Oil tops $80 as Trump reignites Iran tensions

Nigeria’s monthly oil output rises 2.2%

FG fixes June 12 deadline for oil bids

Falana Issues 14-Day Ultimatum Over Alleged $120.5bn Oil Sector Liabilities, Pressures FG on Revenue Recovery

Professionalism, Training Key to Sustainable Catering Businesses, Says Lagos Association President

Shadare Calls for Greater Investment in Aviation Manpower, Technology

Consumers pay N1.2trn for electricity in six months — NERC

GDP growth data masking deep industrial, security crises — MAN

EPL: Arsenal brace for Chelsea test as Spurs seek spark

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Professionalism, Training Key to Sustainable Catering Businesses, Says Lagos Association President

Shadare Calls for Greater Investment in Aviation Manpower, Technology

Consumers pay N1.2trn for electricity in six months — NERC

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Professionalism, Training Key to Sustainable Catering Businesses, Says Lagos Association President

Shadare Calls for Greater Investment in Aviation Manpower, Technology

Consumers pay N1.2trn for electricity in six months — NERC

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Professionalism, Training Key to Sustainable Catering Businesses, Says Lagos Association President

Shadare Calls for Greater Investment in Aviation Manpower, Technology

Consumers pay N1.2trn for electricity in six months — NERC

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