Nigeria’s average crude oil production in May dropped to 1.25 million barrels per day (bpd) from 1.28 million bpd recorded in April 2024, according to direct...
According to our correspondent’s observations, Nigeria’s oil production output may dip this month due to a new pipeline explosion. A new explosion was reported on Thursday...
The Federal Government declared on Monday that the seven deep offshore open oil blocs’ licensing round, which started on January 3, 2023, will extend for four...
Oil prices were marginally down on Tuesday, according to Reuters, as a result of worries that upcoming interest rate increases in the United States, the world’s...
Nigeria’s crude oil output decreased by -11.6 percent (or 163,000 barrels per day) in 2017 to 1.235 million barrels per day (mbpd) in December 2022 as...
