The Nigerian National Petroleum Corporation (NNPC) has recorded a 300,000 bpd increase in crude oil production to the current 2.7mn bpd from the last-recorded rate of 2.4mn
Nigeria oil production reaches 2.7 million barrels per day
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South Sudan to pay US$3 million compensation to Sudan
South Sudan and Sudan have reached an agreement regarding the exportation and payment of oil between the recently-separated states
South Africa ‘to keep importing oil from Iran’
New era for Nigeria’s oil industry hailed
The deputy chief executive officer of Seven Energy International, Kola Aluko, has described the recent deal to increase Nigeria’s crude oil refining capacity as “a crucial step forward” for the country
Shell denounces US$5 billion Nigerian oil-spill fine
Shell has hit back at Nigerian regulator claims that it should be fined US$5 billion for a 40,000-barrel oil spill last year
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