Nigeria’s oil rigs rise by 27% but oil production hits record lows
In a puzzling trend, Nigeria’s oil sector is experiencing contradictory developments. While the number of operational oil rigs has surged...
In a puzzling trend, Nigeria’s oil sector is experiencing contradictory developments. While the number of operational oil rigs has surged...
Heineken Lokpobiri, Nigeria’s minister of state for petroleum (Oil), says the shortfall recorded in crude oil production in the first...
Nigeria’s oil industry is facing a stark reality check as it needs 45 new rigs to reach “normal” production levels...
As labour groups and other Nigerians seek the restoration of large-scale local oil refining, the reality of falling oil production...
Crude oil production by the Organization of Petroleum Exporting Countries (OPEC) and its allies have hit a two-year low on...
The Organization of Petroleum Exporting Countries (OPEC) through the Joint Ministerial Monitoring Committee (JMMC) has decided there will be no...
Oil production from onshore and shallow-water fields in Nigeria is in decline as the bulk of production moves to offshore...
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that Nigeria is on course to achieve oil production level of...
Timipre Sylva, minister of state petroleum resources, has said that improved security surveillance along major crude oil pipelines is helping...
Nigeria’s oil production is to receive a boost as Green Energy, (GEIL), operators of Otakikpo Marginal Field in OML 11,...