Tag: Crude Oil Production
‘Why crude oil production is declining in Anambra’
Mr Austin Brown, General Manager, Community Relations and Security of SEEPCO said this while lamenting the negative effects of insecurity…
NNPCL declares State of Emergency on crude oil production
According to him, a detailed analysis of assets revealed that Nigeria could conveniently produce two million barrels of crude oil…
Libya topples Nigeria as Africa’s top oil producer
Libya has overtaken Nigeria as Africa’s top oil producer, according to a new report by the Organisation of the Petroleum…
Crude oil: Baru pledges use of new technology to reduce production cost
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says the corporation will strive to use new…
Uganda joins oil producers in 2016
Uganda’s finance minister said on Thursday that the country hopes to begin full-scale oil production within two years, but vowed…
400k barrels restored to Nigeria’s crude oil production
Nigerian National Petroleum Corporation, NNPC on Sunday said a daily production of 400,000 barrels per day had been restored to…
E/Guinea produces 520,000 barrels of oil daily
Equatorial Guinea’s Prime Minister Vicente Ehate Tomi said Wednesday that his country produced 520,000 barrels of oil a day, in…
Spendthrift Nation
It appears Nigeria is entering what could be called a period of insolvencies. That may surprise you, coming so soon…