The Organization of Petroleum Exporting Countries and its allied producers (OPEC+) have announced they will increase crude oil output by…
Browsing: oil production
President Bola Ahmed Tinubu has directed the National Security Adviser (NSA), Nuhu Ribadu, to begin immediate engagements with the Nigerian…
In a move that is sending ripples across the global economy, Saudi Arabia has announced a significant cut in oil…
Dangote Group plans to start production at its two Nigerian oil assets in the fourth quarter of 2024, following months of crude supply challenges, according to a report by S&P Global Commodity Insights.
The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL) have announced the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State.
Dr Victor Ekpenyong, an oil industry expert, says the country should leverage on existing oil reserves to boost oil production to earn more to meet revenue shortfalls.
The leaders of Ogoniland in Rivers State under the auspices of the Ogoni Liberation Initiative have pledged to cooperate with…