oil production
- Business
Nigerian crude oil prices hold steady at $75 despite production struggles
By Ezekiel David Nigerian crude oil is trading around $75 per barrel, despite reports that the benchmark crude recently fell…
Read More » - Business
Dangote refinery starts production: First petrol sample unveiled
By Ezekiel David Aliko Dangote, the president of the Dangote Refinery, has unveiled the first sample of petrol, marking the…
Read More » - World News
Uganda: Oil project fuels human rights concerns, report warns
By Ezekiel David The oil industry is causing considerable suffering for the indigenous inhabitants around Lake Albert in Uganda, according…
Read More » - National
Nigeria’s oil production to hit 2mbpd by December –NNPCL
From Molly Kilete, Abuja Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, yesterday, said Nigeria’s…
Read More » - Business
Divestments: Indigenous energy firms capable of boosting oil production –Seplat
Seplat Energy PLC has asserted that Nigeria’s vast sub-surface potential can be maximized and oil and gas production enhanced through…
Read More » - National
PIB: Diri proposes 10% for host communities
From Femi Folaranmi, Yenagoa Bayelsa State Governor Douye Diri has proposed a 10 per cent revenue sharing formula for host…
Read More » - National
Brent crude hits $53.94/barrel, highest since Feb 2020
From Uche Usim, Abuja Cheery news came the way of Nigeria and other petroleum-producing countries Wednesday as Brent crude oil…
Read More » - National
FG pegs oil production at 2.18mbpd in 2020 Budget
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning said the Federal Government has pegged oil production at…
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