Nigeria Aims to Double Oil Production to 3 Million Bpd by 2030

Nigeria's upstream regulator has set a target of increasing crude oil production to 3 million barrels per day (bpd) by 2030, nearly doubling current output. The goal is supported by regulatory reforms and new investments in the sector.

By Charles Kennedy Mon, July 20, 2026 at 8:00 PM GMT+3 2 min read · Yahoo Finance ·

Nigeria Aims to Double Oil Production to 3 Million Bpd by 2030

Tickers: $XOM

Topics: 2030 plan Nigeria oil production target upstream reforms

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