Arguably, Nigeria is the largest oil producer in Africa and the 6th in the world. On average, the country produced about 2 million barrels of crude oil in a day. This volume of oil produced daily in Nigeria is produced majorly in the Niger Delta region of the country that constitute just about 7% of […]
There are countries in Africa where you can find oil and gas. The rate at which the economies of these countries grow is on the high even though oil prices seem to flunctuate in recent times. Out of the 54 countries of the continent, 16 are exporters of oil to other foreign nations of the […]
95% of oil and gas exploration and production in Nigeria is carried out under a joint venture between the Federal Government of Nigeria and Foreign Multi-national Corporations under the umbrella of the Nigerian National Petroleum Commission (NNPC). The remaining 5% is being explore by independent domestic oil and gas companies usually in marginal areas. This […]
LIST OF OIL COMPANIES IN NIGERIA AND THEIR WEBSITES This country is blessed with abundant mineral resources. Oil and Gas has become the major source of this country’s wealth. Although, there are various oil producing states who boast of contributing a large chunk to the country’s economy, others like Lagos state survive based on its […]