Tag: Oil

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Total Expresses Concerns Over Depleting Oil Reserves in Nigeria

Total Exploration and Production Nigeria Limited has raised concerns over the continuous depletion of Nigeria's oil and gas reserves. While delivering a keynote address at a recent e-Technical Session of...
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The DeepSea Stavanger Arrives in South Africa

Minister of Mineral Resources and Energy in South Africa, His Excellency Gwede Mantashe, has announced and welcomed the arrival of the DeepSea Stavanger in Cape Town, in the Western Cape,...
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South Sudan: Daily Oil Production Drops by 20,000 bpd – Ministry of Petroleum

Oil production in South Sudan has dropped by 20,000 barrels per day from 190,000 barrels per day to 170,000 barrels per day due to the rising cases of coronavirus. The...
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Nigeria’s Adherence to Oil Production Cut Will Lead to Deeper Economic Recession – Fitch

On Monday, 18th May, 2020, Fitch Ratings Agency said that the agreement between OPEC Member Countries and its allies to cut their daily oil production to 10 million barrels per day,...
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