Commodities

Nigerian Crude Production Reaches Record High

Guavy AI Editorial Team Published October 2, 2026

Instruments

Oil

Nigeria's crude oil production has seen a significant boost in the first half of 2026, reaching nearly 1.7 million barrels per day including condensate.

This increase is attributed to improved security surveillance on pipelines, allowing for more efficient and secure operations.

Fidelis Akpoghiran, Senior Vice President: Business Transformation & Innovation at Heirs Energies, highlighted the role of technology in achieving this milestone.

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