Nigeria has agreed to cut its Organisation of Petroleum Organisation (OPEC) crude production, to ensure global oil market stability, a…
Browsing: Oil Production
Nigeria’s crude oil output dropped by 38,102 barrels per day in March, translating to a cumulative loss of about 1,181,162…
Russia says it slashed oil production by 700,000 barrels a day in March, far more than originally planned, according to…
Nigeria’s hope of improved production may have been re-ignited as a result of the lifting of force majeure on crude…
The Department of Petroleum Resources (DPR) has said that optimising Nigeria’s oil production processes remains a critical factor in the…
The Vice-President, Prof. Yemi Osinbajo, has said the oil production cut deal by the Organisation of Petroleum Exporting Countries (OPEC)…
Loses 2.9 million barrels in two months Though Nigeria’s cost of oil production is currently above $20 per barrel, the…
As the Organisation of Petroleum Exporting Countries is keen to extend efforts to ward off oil supply glut and prop…