Tag: oil production

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 ...

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 ...

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 ...

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 ...