Production Archives - Aluta News

Nigeria loses 20% crude production to oil thieves daily – Oando boss

On: July 5, 2022

In: NEWS

By Aluta News July 5, 2022 Mr Adewale Tinubu, the Group Chief Executive Officer, Oando Plc, says Nigeria is losing about 20 per cent of its crude oil production to oil thieves and pipeline vandals daily. Tinubu made the disclosure while speaking at the opening ceremony of the 2022 NigerianContinue Reading

OPEC+ upward adjustment on crude oil production starts August

By: Gambo Jagindi

On: July 18, 2021

In: NEWS

By Aluta News July 18, 2021 The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have decided to adjust upwards their overall production by 0.4 million barrels per day (mbd). The decision was taken at the end of the 19th OPEC and non-OPEC Ministerial Meeting on Sunday.Continue Reading