NIGERIA: NIGERIA ANNOUNCES REDUCTION OF COST OF PRODUCTION OF CRUDE TO $23

[Premium Times] The Nigerian National Petroleum Corporation, NNPC, has said it has reduced the cost of crude oil production to $23 per barrel from $ 78 per barrel as of August 2015.

AllAfrica.com (Date:08/17/2017 10:02) Read full article >>

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August: August is the eighth month of the year in the Julian and Gregorian Calendars and one of seven months with a length of 31 days.
Petroleum: Petroleum Latin: oleum ) is a naturally occurring flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. The name Petroleum covers both naturally occurring
Nigerian: in Africain the African Union