Output |

NNPC E&P Achieves Record Oil Output Of 355,000 Barrels Per Day

Kingsley Chukwu2 months ago02 mins

NNPC E&P Limited (NEPL) has recorded its highest daily oil output in more than 30 years, producing 355,000 barrels per day on 1 December 2025. The achievement represents a major step forward for Nigeria’s upstream sector and reflects NEPL’s focus on operational efficiency, disciplined management, and structured field development. Commenting on the milestone, NNPC Limited…

OPEC+ Moves To Ease Output Cuts, Approves 137,000 bpd Increase

Kingsley Chukwu5 months ago01 mins

OPEC+ has announced plans to raise crude oil production by 137,000 barrels per day in October, easing part of its voluntary output cuts in response to steady market conditions. The decision was confirmed in a statement released on the group’s website after a virtual meeting of eight member states, including Saudi Arabia, Russia, Iraq, the…