The Federal Government of Nigeria has set a target of two million barrels per day crude production in 2024. This is about 500,000bpd higher than the...
The Minister of State for Petroleum Resources, Heineken Lokpobiri, said on Friday the Federal Government planned to increase crude oil production to two million barrels per...
For the third time in eight months, Nigeria is not Africa’s largest oil producer as production fell to 972,394 barrels per day in August. This was...
The crude oil production cut deal agreed by members of the Organization of Petroleum Exporting Countries (OPEC) and its allies late last year has been implemented...
If the ongoing strike action by staff of an oil major in Nigeria, Exxon Mobil Company, is allowed to continue, the country will lose at least...
By Ali Smart The Chairman of the House of Representatives Committee on Appropriation has revealed that Nigeria loses an average of N1 trillion annually to crude...