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...

It 'll Be Difficult For Nigeria To Cut Oil Production, Says Kachikwu As the Organisation of Petroleum Exporting Countries is keen to extend efforts to ward off oil supply glut and prop up prices, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has...

Oil Production In June Drops To 1.89b/d – FG   Nigeria’s crude oil and condensate production has remained far lower than projected in the 2018 budget for the last two months, data released by the country’s petroleum ministry has shown. The ministry in its latest Periscope Newsletter...