On Monday, the Organisation of the Petroleum Exporting Countries (OPEC) reported that Nigeria’s average daily crude oil production rose slightly to 1.307 million barrels per day...
Oil production has commenced at Oil Mining Lease (OML) 13 in Akwa Ibom, with the Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P) and...
Libya has displaced Nigeria to become Africa’s top oil producer, according to a new report by the Organisation of the Petroleum Exporting Countries (OPEC). After a...
According to the Organisation of Petroleum Exporting Countries, Nigeria is said to have generated $206.06bn in revenue from crude oil exports in the last five years....
Minister of State for Petroleum Resources Ibe Kachikwu said yesterday that Nigeria has lost $21 billion to oil Production Sharing Contact (PSC) in the 20 years....
