Nigeria’s Oil Production Rises To 1.6m Barrels     Nigeria’s crude oil production is recovering, climbing right back to about 1.6 million barrels. Chief Upstream Investment Officer, NNPC Upstream Investment Management Services, Bala Wunti, said this at the 11th Practical Nigerian Content forum in Uyo, Akwa-Ibom state on...

More IOCs To Divest, Job Losses Loom – Fed Govt   More international oil companies operating in Nigeria are going to divest from onshore oil and gas assets due to poor earnings caused by the massive crude oil theft across the country, the Federal Government stated...

Fed Govt To Re-open 180,000bpd Pipeline Shut In April   The Federal Government is set to re-open the Trans Niger Pipeline that transports about 180,000 barrels of crude oil daily. The pipeline was shut down six months ago due to vandalism and theft on the oil...