Nigeria’s oil rig count rises to highest in four months
Nigeria’s oil rig count has increased for the first time in four months to eight, a 14 percent increase from the previous month, according to the Organization of the Petroleum Exporting…
Browsing Tag
oil rig
Nigeria’s rig count falls further to seven, lowest this year
Nigeria’s oil rig count has dropped to seven, a 30 percent decline from the previous month and the lowest this year according to OPEC data an indication of producer’s reluctance to produce…
Why Nigeria oil rigs might be nearing an all time low
Lack of incentives from government, delay in passage of the Petroleum Industry Bill (PIB) among many other factors is taking its toll on Africa’s biggest oil producing country as the…