PERSPECTA

News from every angle

Back to headlines

Nigeria's Oil Output Wobbles Despite Decade of Increased Rig Deployment

Despite a decade of increased oil rig deployment, Nigeria's crude oil production has not seen a corresponding rise, with output dropping 20.8% in five mature assets, indicating a struggle to boost output and a decline in its OPEC+ influence.

24 Aug, 05:52 — 24 Aug, 05:52
PostShare