NNPC To Operators: Cut Oil Production Cost To Survive         The Nigerian National Petroleum Corporation has urged operators in the nation’s oil and gas industry to cut the cost of production in order to survive in the face of the global energy transition. The NNPC called on...

We Must Reduce Oil Production Cost, Says Osinbajo         The Vice-President, Prof. Yemi Osinbajo, has said the oil production cut deal by the Organisation of the Petroleum Exporting Countries and its allies have resulted in lower revenue generation for the Federal Government. Osinbajo said on Tuesday that...

FG Moves To Reduce Oil Production Cost To $10     The Federal Government is working towards attaining a $10 per barrel production cost sealing in the oil and gas sector, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said. Sylva, who stated this yesterday...

Price Crash: NNPC Targets $10 Oil Production Cost   The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10 and below in oilfields across the country. The Group Managing Director of the NNPC,...