Browsing: crude oil production

OPEC said this in its Oil Market Report for October, which was obtained by the News Agency of Nigeria on Wednesday.

This was made known by the Commission’s Chief Executive, Gbenga Komolafe, in a statement he issued on Tuesday.

The document of the Reuters Survey was obtained by the News Agency of Nigeria in Lagos on Tuesday.

Tunji Oyebanji, Chairman, MOMAN, told the News Agency of Nigeria on Friday in Lagos that this would help to curb oil theft, pipeline vandalism and reduce the cost of crude oil production.

Lawan stated this on Monday while declaring open a two-day public hearing on the bill by the National Assembly.

It said despite the high cost of producing crude oil, Nigeria was not getting much in return on its investment in crude oil production.

The Senate, in its resolutionon Thursday, said the installation would help curb