Tag: crude oil
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Babalola asserts that Nigeria’s crude production can reach 3 mbpd
According to Sunday Adebayo Babalola, a retired deputy director from the now-defunct Department of Petroleum Resources, Nigeria can exceed its quota from the Organization...
Stakeholders complain about the lack of strong consequences to prevent gas flaring
Nigeria loses $600 million annually due to under-reporting and unpaid penalties for gas flared and vented, according to a Stakeholders' technical session on Accountability...
Nigeria will keep its quota as OPEC+ lowers its goal for crude output by 2 mbpd
The Organization of Petroleum Exporting Countries and its allies, or OPEC+, decided yesterday to reduce their goal for crude production by two million barrels...
Crude Oil Prices will Determine Size of Nigeria’s Deficit this Year, Intelligence Report Says
A political risk consultancy, Menas Associates, says the size of this year’s deficit in Nigeria under the watch of President Muhammadu Buhari, will actually...
Okowa And The Imperatives Of Effective Crude Oil Metering
Except for peripheral reason(s), it will not in any way be characterized as an overstatement to describe Senator (Dr) Ifeanyi Okowa as a national...
