oil output – InfoStride News

Kenyon Energy Targets Brownfield Development to Boost Nigeria’s Oil Output

Temitope Nlewemchi — Wed, 28 Jan 2026 19:10:23 +0000

Kenyon Energy, a fast-rising indigenous oil and gas company, has unveiled plans to channel significant investments into Nigeria’s brownfield development projects, marking a strategic shift aimed at revitalizing aging oilfields and boosting national crude output. The move underscores the growing role of local players in the energy sector, particularly at a time when Nigeria is [...]

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Presidency Considers Major Restructure of Nigerian National Petroleum Company Limited as Oil Output Stalls

Temitope Nlewemchi — Tue, 11 Nov 2025 14:35:31 +0000

The Presidency has signalled a sweeping overhaul of the Nigerian National Petroleum Company Limited (NNPCL), citing concerns over its limited contribution to national crude oil output and the urgency of revisiting asset ownership and governance frameworks. The move comes amid persistent shortfalls in oil production, putting pressure on Nigeria’s energy-dependent economy. In remarks delivered at [...]

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Nigeria Set for Oil Output Surge, Says NUPRC

Temitope Nlewemchi — Fri, 07 Nov 2025 14:37:43 +0000

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the country is poised for a significant increase in crude oil production, following renewed investments, enhanced regulatory reforms, and progress in tackling security challenges in the Niger Delta.Speaking during a media briefing in Abuja, the Chief Executive of NUPRC, Engr. Gbenga Komolafe, stated that Nigeria [...]

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Nigeria Risks Decline in Oil Output Without New Discoveries — NAPE Warns

Temitope Nlewemchi — Fri, 07 Nov 2025 14:12:28 +0000

The Nigerian Association of Petroleum Explorationists (NAPE) has cautioned that Nigeria’s crude oil production may experience a steep decline in the coming years if the country fails to make significant new oil and gas discoveries. The association warned that the nation’s reliance on aging oil fields and inadequate exploration investments poses a major threat to [...]

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Oil Output Falls by Over 50,000 Barrels Daily as PENGASSAN Strike Disrupts Production

Temitope Nlewemchi — Sun, 12 Oct 2025 15:28:12 +0000

Nigeria’s crude oil output has taken a significant hit following the ongoing strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), with reports showing that production has fallen by 50,432 barrels per day (bpd) in less than a week. The industrial action, which began after failed negotiations between the union and [...]

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OPEC+ Raises Oil Output by 137,000 bpd Amid Market Uncertainty

Temitope Nlewemchi — Mon, 06 Oct 2025 12:40:09 +0000

The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, have announced a modest increase of 137,000 barrels per day in oil production beginning in November 2025. This decision reflects the group’s cautious approach to managing global oil supply amid lingering market uncertainties and fluctuating demand patterns. The output hike forms [...]

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Nigeria’s Oil Output Still Short of Its True Potential, NNPCL Says

Temitope Nlewemchi — Thu, 21 Aug 2025 08:35:59 +0000

The Nigerian National Petroleum Company Limited has said the country’s oil production output is still falling short of its true potential despite its vast hydrocarbon reserves and recent gains in crude production.The Group Chief Executive Officer of NNPCL, Bayo Ojulari, stated this at the 4th Petroleum and Natural Gas Senior Staff Association of Nigeria Energy [...]

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NNPC Introduces Technology to Track Oil Output

Temitope Nlewemchi — Tue, 31 Dec 2024 00:30:39 +0000

The Nigerian National Petroleum Corporation (NNPC) has unveiled new technology aimed at improving the tracking and monitoring of the country’s oil output. The initiative is part of the corporation’s efforts to enhance transparency, improve efficiency, and ensure accurate reporting of production levels across the nation’s oil fields. The new system integrates advanced digital tools and [...]

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Moody’s Predicts Fall In Nigeria’s Oil Output By 2017 Unless More Investments Boosted

Ade Adewale — Sat, 21 Nov 2015 09:44:52 +0000

Nigeria’s oil output could drop by as much as 15 percent by 2017 unless the government attracts more investment and resolves cash shortages at state oil firms, a senior Moody’s analyst said on Wednesday. Africa’s biggest economy produces about 2.1 million barrels per day of oil with foreign and local companies through production sharing contracts [...]

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