Without reforms, Nigeria’s oil reserves won’t increase — Experts (Punch)

Worried about the state of the nation’s oil and gas industry, stakeholders under the aegis of the Nigerian Association of Petroleum Explorationists have highlighted the need for reforms in order to attract the investments needed to increase the reserve base.…

Lagos oilfield output drops, further drilling expected in 2019 (Punch)

The Aje field, offshore Lagos, where crude oil production started nearly two and a half years ago, saw its output decline by 75,936 barrels to 912,870 barrels last year, latest data from the Department of Petroleum Resources showed. The field…

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