NNPC slashes oil production cost by $55/barrel

Ike Amos 17 August 2017, Sweetcrude, Abuja — The Nigerian National Petroleum Corporation (NNPC), Wednesday, said it has slashed the cost of producing a barrel of crude oil by $55. The NNPC in a statement in Abuja said the cost had been reduced by 70.5 per cent, from $78 dollars per barrel as at August […] More »