Oil production
OPEC+ oil alliance commence fresh oil production cuts
By Habeeb Adamu The Organisation of Petroleum Exporting Countries (OPEC) and its allies, referred to as OPEC+, proclaimed voluntary cuts…
Nigeria set to play strategic role in new world energy order – Kyari
…But experts query country’s $340m spend in North-East oil search, additional N27bn in seismic expedition …But Kyari said transition fuels…
Nigeria, other African oil exporters’ll lose $34bn – IMF
The International Monetary Fund (IMF) has projected that Nigeria and other African oil producing countries will lose an estimated…
Price crash: NNPC targets $10 oil production cost
The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of…
Seplat reports 146% PAT growth, on track for 55,000 boepd production
Seplat Petroleum Development Company Plc (Seplat), an indigenous oil and gas company listed on both the Nigerian Stock Exchange (NSE)…
Global oil price may hit $100 per barrel next year on disruptions of production, export in Venezuela, Iran
The collapsing oil production in Venezuela and potential export disruptions in Iran could push the price of Brent crude as…
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