About 324 Nigerian employees of Addax Petroleum Development Nigeria have resumed their suspended strike due to the inability of the Federal Government and management of the...
Nigeria recorded a downtick in active drilling oil rigs to 13 in August after a record high of 16 in the month before. According to Baker...
The Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC Ministerial Monitoring Committee, JMMC, on Friday extended the exemption granted Nigeria over the output cut imposed on member countries...
A charm offensive led by acting President Yemi Osinbajo has kept the uprising at bay, with renewed amnesty payments buying calm in the creeks, helping...
OPEC Secretary-General Mohammad Barkindo said Nigeria has no intention of going beyond its oil production target of 1.8 million barrels per day (bpd) until the end...
The Bonga oil field has produced about 702 million barrels of oil since inauguration in 2005, and operated at more than 92 percent availability in 2016,...
By Odunewu Segun Following the drop in Nigeria’s total oil production, the International Monetary Fund (IMF) has said that despite relative stability in the price of...
Wins NNPC crude contract SacOil Holdings Limited has declared its readiness to boost crude oil extraction in the country. The oil and gas firm, SacOil Holdings...
THE Nigerian National Petroleum Corporation monthly financial and operations report indicate an operational loss of 19.43bn in April 2016 as against 18.89bn in the month of...
Nigeria needs to invest about N5.7 trillion in the oil and sector between now and 2019 in other to avoid a total crash of its oil...
