Nigeria’s crude oil production stood at 2.022 million, bpd in March, 277,000 bpd below the 2.3 million bpd benchmark for budget 2018, indicating, the country is still struggling to step up production to meet the budget benchmark.
Oil pipeline Data obtained by Vanguard from the …
Tension grips government circles on Friday as strong indications emerged that the Federal Government, International Oil Companies (IOCs) and other indigenous oil producers may be losing up to N14.4 billion daily to attacks on oil installations and pipelines by the Niger Delta Avengers (NDA)...
government panic over niger delta avengers'
Nigeria’s oil production has continued to plummet as it, yesterday, stood at 1.2 million barrels per day, against the 1.4 million barrels recorded last week.
Group General Manager, Public Affairs, Nigeria National Petroleum Corporation, NNPC, Garbadeen Mohammed, said: “Our production is not...