Oil Mining Lease (OML) 30 peaks at 75,000bpd from zero level in March 2017
Just as oil price remains on the rising stretch, a strong boost to more income for the Nigerian economy was confirmed on Monday as Oil Mining Lease (OML) 30 peaked at 75,000 barrels per day from zero level in March…
Nigeria loses 27.3mb in Feb valued at N417 billion to production disruption
A new report released by the Minister of State for Petroleum, Dr. Ibe Kachukwu has shown that the industry lost an accumulated 27.3 million barrels in the month of February to production disruptions arising from pipeline vandalism. Calculations based on…