Tags » Oil Revenues

OPEC members’ net oil export earnings may crash to $341 billion in 2016

• Nigeria’s crude business revenue drops by more than half to $39b in 2015

• Earns $10b between January and May

The United States (U.S.) Energy Information Administration (EIA) has projected that members of the Organisation of the Petroleum Exporting Countries (OPEC) net oil export revenues could fall from the $404 billion it earned in 2015 to about $341 billion in 2016 . 395 more words

Oil & Gas

Renewed Militant Attacks Constrain Nigeria’s Anticipated Oil Revenues

Production down to 1.67m barrels as price rises above $50

The Federal Government’s anticipated revenue have further been constrained by the renewed attacks on oil facilities by Niger Delta militants . 720 more words