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South Sudan boosts oil output by 70,000 bpd

South Sudan boosts oil output by 70,000 bpd

South Sudan plans to add 70,000 barrels per day (bpd) to its current crude oil output by the end of the year, the country’s Oil Minister, Ezekiel Gatkuoth, said on...

South Sudan's oil sector gets $1bn boost from South Africa

South Sudan foresees return to peak oil output mid-2019

South Sudan’s Minister of Petroleum, Ezekiel Lol Gatkuoth, said the country expects to reach peak oil output of 350,000 barrels per day (bpd) by mid-2019 as production...

OPEC slashes 2019 oil demand forecast

Saudi slashes oil output as OPEC forecasts lower demand

OPEC on Monday forecast lower demand for its crude next year as rivals pump more and said top oil exporter, Saudi Arabia, eager to avoid a return of oversupply, had cut...

South Sudan boosts oil output by 70,000 bpd

Sudan, South Sudan to hike oil output

Sudan and South Sudan have agreed on a deal to nearly double oil output from South Sudanese fields by the end of the year, the Sudanese Oil Minister said without giving...

South Sudan boosts oil output by 70,000 bpd

Saudi seeks OPEC’s’ support to raise oil output

Saudi Arabia is struggling to convince fellow Organization of the Petroleum Exporting Countries (OPEC) members including Gulf allies on the need to raise oil output,...

US to overtake Saudi as crude oil producer

Russia, Saudi seeks big hike in oil output

Russia and Saudi Arabia are pushing Organization of the Petroleum Exporting Countries (OPEC) and its allies to raise oil output steeply from July to meet growing demand...

Minister of State for Petroleum, Dr Ibe Kachikwu

Unfazed by OPEC, Libya, Nigeria seek to boost oil output

Less than two weeks after OPEC’s decision to extend oil production cuts, Libya and Nigeria the only two exempt members of the group are signalling their intent to...

Kachikwu

OPEC extends Nigeria’s exemption from oil output cut

By Patience Danjuma  The growing stability in the global oil market may work to Nigeria’s advantage, as the Joint Organisation of Petroleum Exporting Countries, OPEC,...

OPEC slashes 2019 oil demand forecast

OPEC extends Nigeria’s exemption from oil output cut

By Patience Danjuma  The growing stability in the global oil market may work to Nigeria’s advantage, as the Joint Organisation of Petroleum Exporting Countries,...

Total Gabon offloads stake in Rabi-Kounga field

Egina to boost Nigeria’s oil output by 200,000 bpd in 2018- Total

The Managing Director, Total upstream companies in Nigeria, Nicolas Terraz, on Wednesday said that the firm would boost the country’s daily oil production by 200,000...

Iraq to increase crude production output

Nigeria agrees to cut oil output

Global oil producers, meeting in Russia Monday, called for stricter adherence to their agreement to cut output, with the inclusion of top African producer Nigeria....

OPEC slashes 2019 oil demand forecast

Nigeria’s oil output hits new high — OPEC

The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s oil production is at a two year high, but that in itself may be a problem for the...