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Without Reforms, Nigeria’s Oil Output Could Decline By 35%

Without Reforms, Nigeria's Oil Output Could Decline By 35%   Cost increases and uncertainty in Nigeria’s crucial energy sector could lead to a 35per cent decline in oil output over 10 years as companies delay investments in key oilfields, consultancy Wood Mackenzie said in a new...

35, 000 Barrels per Day Crude Oil Production to Come on Stream

35, 000 Barrels per Day Crude Oil Production to Come on Stream Nigeria’s crude oil production is poised for an increased output of 35,000 barrels per day as a protracted dispute that soiled relations amongst Shell Petroleum Development Company (SPDC), Belema Oil and host communities...