Kachikwu says Nigeria’s oil output now 1.9 million b/d

26 November 2016, Abuja — Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday, stated that Nigeria’s crude oil output had risen to around 1.9 million barrels per day. Kachikwu also disclosed that the country would pay the $5.1 billion Joint Venture Cash call arrears owed International Oil Companies, IOCs, within a five-year […] More »