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Nigeria’s largest independent oil producer plans to spend as much as $5 billion to boost its oil and natural gas production in the next five years.
Read More »Nigeria’s Largest Oil Independent to Spend $5 Billion to Boost Output
CNOOC to Invest $3bn in Nigeria
Nigeria remained the largest investment destination for CNOOC.
Read More »Nigeria’s Crude. Second Highest Valued in 2017 Reference Basket
An average of 692.600bd of the country’s crude oil went to Europe in 2017.
Read More »Barkindo to be Honored as ‘Africa Oil Man of the Year’
Barkindo took over as Secretary General of OPEC in August 2016.
Read More »Amnesty International Accused Shell. Eni over Nigeria Oil Spills
Shell and Eni have for decades been two of the most active oil majors operating in the Niger Delta region.
Read More »UK to Invest in Nigeria`s Energy Sector
Britain has expressed its readiness to invest in pipeline infrastructure. renewable energy. gas and power of the Nigerian Oil and Gas Industry.
Read More »Nigeria to Hit 40b Barrels Oil Reserve by 2020
In terms of daily production. the fields will yield 50. 000 barrels of crude oil per day and 120 million standard cubic feet of gas per day by early 2019.
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