Riyadh Loses Oil Production Leadership to Moscow

• Monday, 20th February 2017
• by Editorial Team

Russia overtook Saudi Arabia as the world’s largest crude producer in December 2016, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst glut in decades,...

Nigeria Produced 1.782mb/d of Oil

• Wednesday, 11th January 2017
• by Editorial Team

Nigeria is said to have returned back to the position of Africa’s top oil producer after Angola took over in March 2016, Nigerian Bulletin reported. As reported by secondary sources in the  December 2016 Monthly...

Angola Led Africa’s Oil Production

• Wednesday, 28th December 2016
• by Editorial Team

Angola will close 2016 as the lead oil producer in Africa, having surpassed Nigeria by reaching an average of 1.7mb/d, Prensa Latina reported. The figure exceeds the previous record of 1.5mb/d. Pumping has increased b...