Nigeria, Angola, others could see oil production flatline – Expert
Ian Thom, the Upstream Research Director at Wood Mackenzie has said that big oil producers like Nigeria, Angola and Egypt ...
Tag: oil production
FG needs to increase oil production to clean up public finance – Chika Mbonu
Chika Mbonu, the astute Managing Director and Chief Executive Officer of KSBC Advisory Partners Limited, stressed the imperative for the ...
In 23 years, Nigeria’s oil production drops from 2.5 to 1.1 million barrels per day
Recent data from Statista presents a stark narrative of Nigeria's crude oil production trajectory over a span of 23 years.
Nigeria’s next president needs to work to increase oil production – Prof. Chika Mordi
He added that Nigerians need to vote for a candidate that is capable of driving a credible agenda for change
US President, Joe Biden, threatens that Saudi Arabia will face consequences of OPEC+ oil cut
The United States President, Joe Biden, has warned that the de-facto leader of OPEC+ would face the consequences of last ...
NNPC to defer payments to fuel importers for 3 months
Kyari noted that dwindling crude output has forced NNPC to defer payments to some local gasoline suppliers by at least ...
OPEC+ panel recommends oil output cut by 2 million barrels
The planned cuts would also strike a major blow to the United States' efforts to keep the prices stable due ...
OPEC+ plans a million barrels a day output cut as Nigeria lags Angola, Algeria, and Libya
The producer group's worry that the global economy is slowing down quickly in the face of quickly tightening monetary policy ...
Nigeria’s oil revenue at risk as production falls further to 1.02 million barrels per day
Nigeria’s crude oil production declined 3.37% to 1.262mbpd in May from 1.306mbpd recorded in the previous month.
Covid-19 helped reduced oil production costs in Nigeria – Minister
The Minister of State for Petroleum Resources, Chief Timipre Sylva has revealed that Covid-19 was one of the factors that ...
