Oil Production Threatened By Non-compliance To COVID-19 Protocols     Nigeria’s ability to meet its monthly oil production quota and revenue target may become hampered if rising cases of coronavirus in offshore oil fields are not addressed. With the country suffering huge revenue losses from decline in oil...

Senate Queries NNPC For High Cost Of Oil Production     Members of the Senate Committee on Finance on Monday queried the Nigerian National Petroleum Corporation (NNPC) over what they described as “very high cost of oil production in Nigeria”. The Senators made this known while hosting the...

Oil Production To Continue Despite Price Decline - NNPC   The Nigeria National Petroleum Corporation (NNPC) said it would continue oil production despite the fall in price. The explanation came on the heels of the speculation that Nigeria had halted the production of the commodity which prices...

NNPC, Total Partner To Grow Oil Reserves, Production   The Nigerian National Petroleum Corporation (NNPC) and Total Nigeria have agreed to work together to actualise the country’s aspiration of growing national oil reserves of 40 billion barrels. Group managing director of the NNPC, Mallam Mele Kyari, and...

In 6 Months, Oando Grows Oil Production By 15%   Oando Plc, an indigenous energy group, has said its crude oil production increased by 15 per cent to 16,876 barrels per day in the first half of 2019. The group, while announcing its unaudited results for the...

Omene: Nigeria Needs More Technology Skills To Boost Oil Production   The first Managing Director of the Niger Delta Development Commission (NDDC), Godwin Omene, has insisted that the Nigerian economy will continue to depend on oil production, provided the country invests more in technology skills that...