The Organisation of Petroleum Exporting Countries (OPEC) and its allies, OPEC+, have agreed to increase oil output by 188,000 barrels per day in June. The development was conveyed in a statement by the group yesterday, as it pushes on with production in the first meeting since the loss of its key member, the United Arab […]
Nigeria’s crude oil production dropped to an average of 1.39 million barrels per day (bpd) in September 2025, marking one of the lowest levels in recent months. This is according to data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday. The official figures showed that total oil and condensate output averaged...
Global provider of data and analytics solutions for the energy and natural resources sectors, Wood McKenzie, has predicted that oil and gas production from the Nigerian National Petroleum Company Limited (NNPCL), could be halved by the late 2030s given lot of sub-commercial assets portfolio operated by the firm. The submission was made as Wood...
Nigeria’s daily average oil production rose by 7.38 percent year-on-year in December 2024 to 1.667 million barrels per day, bpd from 1.552 million bpd, including condensate, recorded over the corresponding period in 2023. The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, in its latest oil production data, however, indicated that on...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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