Oil Traders Turn To Africa As US Sanctions On Russia Disrupts Market
Oil traders are looking towards Africa and the Middle East to buy crude oil after tightened US sanctions on Moscow ...
Tag: Oil Production
Group Raises The Alarm Over Plot To Disrupt Oil Production In Akwa IbomÂ
The Ulok Ulok Progressives Assembly (UUPA), a socio-cultural association of Ibeno ethnic nationality in Akwa Ibom State, has raised the ...
Oriental Energy Launches Facility To Boost Oil Production
Oriental Energy Resources Limited has unveiled a $315 million Floating Production, Storage and Offloading (FPSO) vessel to boost Nigeria’s oil ...
NNPCL Announces 1.8mbpd Oil Production, Eyes 2mbpd By Year End
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its partners have revved up crude oil and gas production to ...
Nigeria’s Low Oil Production Threatens Local Refiners, Export Earnings
With oil production around 1.34 million barrels per day, Nigeria is facing major economic and energy security risk, according to ...
Nigeria Records 1.6m Oil Production Daily – NNPCL
The group managing director , Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, said the country now records 1.6 million ...
‘Idle Brownfields To Boost Nigeria’s Oil Production, Refining’
Existing idle brownfields in Nigeria have been identified as potential assets that can list Nigeria’s oil production capacity in the ...
Nigeria’s $40/barrel Oil Production Cost Major Disincentive To Investors – FG
The federal government has identified the huge cost of doing business as discouraging investment in the oil and gas sector. ...
Nigeria Resists Demand For Oil Production Cut
Nigeria is leading a resistance to the demand by Saudi Arabia asking others in the OPEC coalition to reduce their ...
Host Communities Vow To Shut Down Oil Production Over 3% PIA Fund
Oil communities in Bayelsa State Friday warned that oil production across the state may be halted if Nigerian Upstream Petroleum ...
