Oil barrel – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 24 Feb 2026 13:40:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Oil barrel – InfoStride News https://www.theinfostride.com 32 32 Nigeria’s Crude Production Averages 1.46mbpd, Falls Short of OPEC Target https://www.theinfostride.com/nigerias-crude-production-averages-1-46mbpd-falls-short-of-opec-target/ https://www.theinfostride.com/nigerias-crude-production-averages-1-46mbpd-falls-short-of-opec-target/#respond Tue, 24 Feb 2026 14:55:39 +0000 https://www.theinfostride.com/?p=474595 Nigeria’s crude oil output averaged about 1.46 million barrels per day, remaining below the production benchmark allocated by the Organisation of the Petroleum Exporting Countries, according to recent industry data. The shortfall highlights persistent operational and structural challenges in the country’s upstream oil sector, despite ongoing efforts to boost production and meet OPEC targets. The [...]

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]]> https://www.theinfostride.com/nigerias-crude-production-averages-1-46mbpd-falls-short-of-opec-target/feed/ 0 FG Approves License for 10,000 Barrels Per Day Refinery https://www.theinfostride.com/fg-approves-license-for-10000-barrels-per-day-refinery/ https://www.theinfostride.com/fg-approves-license-for-10000-barrels-per-day-refinery/#respond Thu, 23 Jan 2025 11:02:35 +0000 https://www.theinfostride.com/?p=401483 The Federal Government has granted approval for the establishment of a refinery with a capacity to process 10,000 barrels of crude oil per day. This move is part of ongoing efforts to boost local refining capacity, reduce reliance on imported petroleum products, and enhance energy security in Nigeria. The refinery, which will be privately owned [...]

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