Firm seeks to reduce Nigeria’s oil production cost

Firm seeks to reduce Nigeria’s oil production cost

The Group Managing Director, BRADE Group, Ese Avanoma, has lamented the high cost of crude oil production in Nigeria. Avanoma said his company would bring in new technologies in a bid to reduce the cost of producing a barrel of oil in the country. He …..

Falling crude price, COVID 19, threaten Nigeria’s N10.59tr budget, ECA

Falling crude price, COVID 19, threaten Nigeria’s N10.59tr budget, ECA

Following the continued slide of the price of crude oil in the international market, the country’s ability to implement this year’s budget of N10.59 trillion may be in jeopardy. For instance, in the last two months, Brent crude oil has fallen from $67 to $51 …..

WAPCO set to resume gas supply from Nigeria to Ghana, others

WAPCO set to resume gas supply from Nigeria to Ghana, others

The West African Gas Pipeline Company Limited (WAPCo) has disclosed that it would be resuming natural gas supply from Nigeria to its customers in the Republic of Benin, Togo, and Ghana. WAPCo, which is the operator of the West African Gas Pipeline was built for …..

03-03-2020

03-03-2020

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