The Federal Government has said it is targeting to add $150 billion to Nigeria’s foreign reserves from non-oil exports in the next 10 years. It also hoped to create 500,000 additional
Nigeria’s daily crude oil production volume appears to have received a boost from improved production from the recently acquired OML 17, by Tony Elumelu, having risen to 50,000 barrels
As President Muhammadu Buhari incorporates the Nigerian National Petroleum Company (NNPC) Limited and appoints members into its board, an oil and gas expert, Camillo Atampugre
The Federal Government, through the Department of Petroleum Resources (DPR) has said it will generate N3.2 trillion revenue by the end of December this year
The Federal Government has stated that the country is currently on track as regards policies and strategies that will turn the country to Africa’s investment hub in the oil and gas industry.
The Organisation of Petroleum Exporting Countries (OPEC) and its allies expect oil markets to stay tight through to the end of this year before flipping into surplus next year.
The Department of Petroleum Resources (DPR) says the Federal Government’s plans to increase the nation’s oil and gas reserves, are on course and being boosted by strategic policies and programmes.
Nigeria needs every revenue it can secure from its assets, especially oil, which has immediate gratification from its sale. However, poor production capacity due to OPEC
Chairman and Chief Executive Officer, NigerCo Nigeria Limited, Yabagi Sani, has said substandard metering infrastructure, haphazard determination of physical volumes
Oil prices recovered after trading lower following the public pressure from the United States on OPEC+ to raise oil supply more than the cartel had earlier planned
In the very northern part of the north of Europe lies a country that we should take note of not just for what it does but also for the things it avoids.