Nigeria Exceeds OPEC Quota by 102%, Oil Production Climbs to 1.70 Million Barrels Per Day in May 2026

Nigeria recorded a combined crude oil and condensate production of 1,700,800 million barrels per day (bpd) in May 2026, exceeding its 1.5 million bpd OPEC production quota by 102percent and achieving its highest production level in nearly a year. According…

OPEC is Fracturing – But Nigeria’s Real Problem is at Home

By Sola Adebawo   For decades, Nigeria’s engagement with OPEC has followed a familiar script: quotas, compliance, and the politics of collective supply management. Today, that script is under strain. Much of the current commentary focuses on exits, fractures, and…

NAEC 2025: Energy Future, Investment in Focus as Ministers and Experts Convene

The Association of Energy Correspondents of Nigeria (NAEC) has announced that the 2025 edition of its highly anticipated annual conference will take place on October 9, 2025, at the Eko Hotel & Suites, Lagos, under the theme: “Nigeria’s Energy Future:…

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