Tag: production

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February oil production dips to 88% of OPEC quota

Business March 18, 2026 by The Nation The Nigeria’s crude oil production reduced drastically to 88 per cent of the Organization of Petroleum Exporting Countries (OPEC) quota in February 2026 from about 98 per recorded in January 2026. The crude oil quota was 1.5million barrels per day, however the country’s output in the month under

Iran says production at world’s largest gas field partly suspended after Israeli attack

Iran says production at world's largest gas field partly suspended after Israeli attack

Jide Kene to make film production debut with ‘City of Dreams’ in Enugu

Jide Kene, the Nollywood actor, is set to make his debut as a filmmaker with a new television series titled ‘City of Dreams’, which will be shot in his home state, Enugu. Peter Mbah, Enugu governor, shared the news via social media after receiving the actor on a courtesy visit. In the post, the governor

U.S. Offshore Oil Production Set To Jump

Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani - May 26, 2025, 7:00 PM CDT EIA and BOEM: Gulf of Mexico’s output is projected to rise from 1.8 million barrels per day (bpd) to 2.4 million bpd by 2027. Recent BOEM

NVIDIA’s Thor Chip Production Delayed, XPeng Plans to Shelve Deployment

Skip to content According to 36Kr‘s report, the continuous delay of NVIDIA’s flagship car AI chip Thor is increasing the risk of losing core customers. Thor was originally planned for mass production in mid-2024 but has been significantly delayed. It is now expected to be available in mid-next year, and it will still be an

Electricity production fell in February, Statistics South Africa says

Eskom has implemented rolling blackouts to ease pressure on the national grid as its generating units struggle to keep up with demand...

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