Nigeria’s upstream oil sector is showing strong signs of recovery, with a 66% surge in active oil rigs reflecting renewed investor confidence and the impact of sweeping reforms aimed at revitalising ...

Nigeria is aiming to produce 2 million barrels per day of oil by the end of this year, as the revival of the West African nation’s critical upstream sector continues. In recent years, oil production ...

NPA figures on through-puts The Dangote Refinery in the Ibeju-Lekki area of Lagos State has put Nigeria on the global ...

Nigeria's crude production could rise to two MMbd by the end of 2024, the national oil and gas company said. Nigeria’s hydrocarbon production has ramped up to 1.8 million barrels a day (MMbd) of oil ...

Nigeria is pumping more crude and drilling harder than it has in years, thanks to reforms under President Bola Tinubu that are finally coaxing cash back into the upstream. Daily output has climbed to ...

HOUSTON, Aug. 8-- An ExxonMobil Corp. subsidiary started gas reinjection at the East Area Additional Oil Recovery Project off Nigeria in late July. The gas reinjection has stabilized oil production at ...

Nigeria’s daily crude oil production rose to 1.68 million barrels per day in the second quarter of 2025, the highest quarterly output in four years, according to new data from the National Bureau of ...

The oil and gas production in Nigeria is being severely impacted by the Western ESG strategies that are forcing IOCs to reconsider their upstream and downstream operations worldwide, resulting in ...

Last year and early this year, more international oil companies divested or expressed interest in selling their onshore assets in Nigeria. U.S. supermajor ExxonMobil intends to sell its shallow water ...