Nigeria flags oil output rise ahead of debt deal with majors

16 December 2016, Abuja — Nigeria’s oil production has risen to close to 1.8 million barrels per day (b/d), oil minister Emmanuel Ibe Kachikwu said ahead of the expected signing of a deal over repayments of $5.1 billion in debt from joint venture projects. Kachikwu is due to sign the deal later on Thursday with […] More »