crude oil production

OPEC’s resolution puts Nigeria’s projected 2024 oil revenue in doubt

THE Organisation of Petroleum Exporting Countries (OPEC) and its allies' resolve to deepen crude oil production cuts will make...

Italian oil firm to sell onshore Nigerian assets to Oando

ENI, an Italian firm, has agreed to divest its onshore Nigerian assets to Oando Plc, an indigenous energy solutions...
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Why Petrol consumption dropped by 30% – NNPCL

THE Group Managing Director, Nigerian National Petroleum Company Limited, (NNPCL), Mele Kyari, has said the drop in Nigeria's Premium...

Nigeria’s crude oil output reduces by 40,000bpd

NIGERIA'S crude oil production fell by 40,000 barrels per day (bpd) in July relative to the previous month, reflecting...
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Why NNPC resumed oil drilling in Borno

THE Federal Government has explained that the recent resumption of oil drilling in Borno and other basins is aimed...

Oil output: Nigeria takes 4th position, falls behind Libya, Algeria, Angola in October

NIGERIA has struggled to meet its oil production quota in October, taking the fourth position after Libya Algeria and...
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