Nigeria will begin to track the volume of its crude oil production from fields of production and loading bays, to sales destinations in a renewed effort to cut down on prevalent oil theft and loss of revenue.
The Nigerian National Petroleum Corporation (NNPC) will reduce the country’s importation of petroleum products by increasing the capacity of the nation's refineries to 60% by the end of 2017, and 80% by the end of 20 ...
Nigeria recorded the biggest oil production decline among Organization of Petroleum Exporting Countries (OPEC) members in December, as output dropped by 200,000 barrels to 1.45mb/d.
BW Offshore has signed a short-term interim extension agreement for the floating production, storage and offloading (FPSO) unit Abo with Eni subsidiary, Nigerian Agip Exploration.