Kachikwu seeks reduction in $30 per barrel cost of oil production

10 November 2015, Abuja – A minister-designate and Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu has said the $30 currently spent by oil companies to produce one barrel of crude oil in Nigeria is too high and should be reduced in view of the current low price regime. Speaking at a […] More »