Tag: Organization of Petroleum Exporting Countries (OPEC)

In April, Nigeria recorded an output of 999,000 barrels per day (bpd), a reduction compared to the 1.3 million bpd ...

An oil rig: Oil has been both a blessing and a curse to different countries. By separating oil revenues from ...

The revised budget provides for aggregate expenditures of N10.81 trillion, which is an increase of N216 billion over the level ...

"There would be no resort to either fuel subsidy or under-recovery of any nature. NNPC will play in the petroleum ...

China is the world’s largest importer of crude oil.

He said negotiation with the financiers and investors of the project is taking longer than anticipated.

The company records profit of N10.4 billion, a 46% increase, compared with N7.1 billion in the same period of 2017 ...