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The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate. in shallow and deep reservoirs.
Read More »Shell Discovers over 1trn Cubic Feet of Gas in Eastern Nigeria
Finland Grants Funding for Wind Power Projects in Developing Countries
The new cooperation agreement is an extension of the original 114 million euros climate fund that Finland established in collaboration with the IFC last year.
Read More »World Bank Urges Nigeria to Raise Non-Oil Tax Collection
The nation is scheduled to hold general elections in February.
Read More »Nigeria will Become Third World Largest Exporter of Gas
Nigeria is presently the fourth exporter of gas in the world.
Read More »Shell will Decide on Nigeria Oil Field In 2019
Shell operates the project and ExxonMobil. Total. Eni and the Nigerian National Petroleum Co. are partners.
Read More »OPEC Oil Production Jump to a 2018 High in July
OPEC’s crude oil production rose by 70.000 bpd from June to stand at 32.64 million bpd in July.
Read More »CNOOC to Invest $3bn in Nigeria
Nigeria remained the largest investment destination for CNOOC.
Read More »Nigeria has Taken a Huge Leadership Role in OPEC
Nigeria has historically assumed a strong. proactive leadership role in OPEC.
Read More »OPEC. Non-OPEC Producers Arrange to Boost Oil Output
The group equally stated they will meet again on December 4. 2018 to review their decision and its impacts on the market.
Read More »OPEC’s Production Hike will Affect Nigeria’s Economic Outlook
OPEC'.s decision will affect economic outlook in Nigeria if the price drops below $51 or if the country is unable to boost its oil production.
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