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Nigeria's Fiscal Crisis Worsens With Slump In Oil Production To 1.08m Bdp – Gistmaster

NIGERIA’s fiscal crisis worsened last month as the country again failed to meet up with the daily production quota the Organisation for Petroleum Exporting Countries (OPEC) allocated it. The production figure dropped by 6.2 per cent, from 1.16 million barrels per day (bpd) recorded in June to 1.08 million bpd in July. The slump came… ....

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INSIGHT: Renewable energy as alternative to petrol and remedy to fuel crisis

INSIGHT: Renewable energy as alternative to petrol and remedy to fuel crisis
thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.

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As oil market becomes unstable, Russia and Nigeria have to rethink energy partnership

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In October 2019, Russia held the first Africa-Russia summit. Dozens of African leaders attended in the hope to energise and reform the partnership dating back to the 1960s. The agenda of the summit seemed broad and ambitious. However, in practice, the talks narrowed down to quite conventional topics: weapons, mining, and fossil fuels.
During the summit, Russian energy minister Alexander Novak vowed to “widen and deepen” the cooperation with Nigerian fossil fuels producers. At the time two Russian companies, Lukoil and Gazprom, showed a clear appetite for Nigerian oil and gas.
They are not alone. In recent years, such oil giants as Shell, Exxon, Total, and Eni ....

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ANALYSIS: How state governments cheat oil-producing communities in use of 13% derivation fund

ANALYSIS: How state governments cheat oil-producing communities in use of 13% derivation fund
premiumtimesng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premiumtimesng.com Daily Mail and Mail on Sunday newspapers.

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How State Govts Cheat Oil-Producing Communities In Use Of 13% Derivation Fund

How State Govts Cheat Oil-Producing Communities In Use Of 13% Derivation Fund
niyitabiti.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from niyitabiti.net Daily Mail and Mail on Sunday newspapers.

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