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South Sudan sees oil production hitting 200,000 barrels per day by 2021
9 Oct 2019
South Sudan’s oil production has reached 178,000 barrels per day (bpd), the oil ministry said on Wednesday and the country aims for output to reach 200,000 bpd within the next two years.
Oil production to begin in Ogoni by October
19 May 2019
Amid resistance, crude oil production will commence in Ogoni area of OML 11, as the Presidency recently directed the Nigerian National Petroleum Corporation/Nigerian Petroleum Development Company (NPDC) to takeover operations from Shell.
OPEC exemption: Fragile peace In Niger Delta might hamper oil production – Stakeholders
24 Sep 2017
Federal Government’s perceived lack of commitment to the peace process in Niger Delta might thwart its efforts to increase or sustain current oil production levels.
Oil and local prosperity: A study of ‘two kingdoms’
24 Jan 2017
Oil money in one community is used progressively. Oil money in another community is not used progressively leading to endless disputes, intrigues and lawsuits.
Nigeria surpasses Angola in production output
16 Nov 2016
Angola, which is Nigeria’s rival in terms of crude oil production, surpassed Nigeria with over 200,000 bpd due to the renewed militancy in the Niger Delta, which led to drastic drop in the country’s out put.
U.S. oil production to hit 18.6 million bpd in 2040
13 Jul 2016
The U.S. Energy Information Administration (EIA) has projected that the U.S. petroleum and other liquid fuels production would grow from 14.8 million barrels per day (bpd) in 2015 to 18.6 million bpd in 2040.
Nigeria requires N5.7tr investment to recoup losses from oil production slide
24 May 2016
It noted that the Federal Government has not also been able to meet the $1.1 billion to the indigenous oil and gas operators in the country.