Uganda is set to produce its first oil as early as 2025
Uganda stands to be one of Sub-Saharan Africa’s top five oil producers by 2025 With the East African Oil Pipeline project recently getting the go-ahead, Uganda is set to produce ...
Tag: oil production
Russia’s Lukoil looks to boost oil production in Iraq
Iraq’s current crude oil production is capped at around 3.6 million barrels per day (bpd) under the OPEC+ pact, but the country needs to make additional deeper cuts by the ...
Nigeria may stop oil production if price crash persists –NNPC
Brent, the benchmark against which Nigeria’s oil grades are priced, plunged by $6.34 to $19.23 per barrel on Tuesday amidst falling demand and an unprecedented glut in the global market ...
Nigeria to cut oil production
Abuja is hoping for a $15 rebound in the price per barrel in the short term. This rebound that could bring at least 2.8 billion dollars to the country, according ...
