Oriental Energy Reports Oil Discovery In OML 67   One of Nigeria’s leading marginal field operators, Oriental Energy Limited (OERL), has confirmed oil discovery in two deep prospects that were identified during extensive subsurface studies in its offshore Ebok field. According to a statement, Oriental Energy commenced...

Oil Discovery Made Nigeria’s Economy Vulnerable – Emefiele The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said the discovery of crude oil and the country’s increasing reliance on crude oil revenues have led to a severe downturn in the agriculture and manufacturing sectors. He...