Nigeria Needs $25 Billion in Annual Investment to Stabilize Oil Production ...Middle East

OILPRICE - Economy
Nigeria Needs $25 Billion in Annual Investment to Stabilize Oil Production
source : OILPRICE ( Middle East ) () 142
Africa’s top oil producer, Nigeria, needs annual investments of $25 billion to reach and keep its output at around 2 million barrels per day (bpd), Nigerian oil industry executive Austin Avuru said this week. “We need to invest $25 billion annually to stabilize production at 2 million barrels per day,” said Avuru, who is executive chairman of AA Holdings. This investment level “is crucial to ensure the sustainability of the sector and its contribution to the national economy,” the executive added at an event in Nigeria,…

Read More Details
Finally We wish PressBee provided you with enough information of ( Nigeria Needs $25 Billion in Annual Investment to Stabilize Oil Production )

Also on site :

Most viewed in Economy
Marina von Neumann Whitman Dead: International Trade Expert Was 90
The New York Times - before 3 hours & 20 minute
Trump says Musk went 'CRAZY,' suggests cutting government contracts for his companies
CNBC - before 4 hours & minute
Central Asia's Resources Spark a New Global Scramble
OILPRICE - before 3 hours & 35 minute
10 Ways to support men's health: FSA Store® and HSA Store® recognize Men's Health Month with eligible products and telehealth services that support fitness, recovery, and everyday health
PR Newswire - before 9 hours & 47 minute
Why companies may soon accelerate replacing jobs with AI
Washington Post - before 11 hour & 27 minute
Elon Musk's Feud With President Trump Wipes $152 Billion Off Tesla’s Market Cap
WIRED - before hour & 41 minute
Fate of 23andMe genetic data still not settled amid bankruptcy fight
Washington Post - before 7 hours & 37 minute
Sustainable Aviation Fuel Faces Uphill Battle To Become Mainstream
OILPRICE - before 8 hours & 37 minute
Billions in Trade at Risk for Indian Metals Industry
OILPRICE - before 4 hours & 35 minute
Code and Theory Named ANA B2B Agency of the Year After Transforming the World's Leading Brands
PR Newswire - before 5 hours & 46 minute
Layoffs are surging as 2025 becomes the year of the pink slip
Quartz - before 11 hour & 17 minute
Encryption May Soon Be Worthless. The Race to Replace It Is Creating a New Investment Boom
PR Newswire - before 9 hours & 11 minute


Latest News

Permian or Bust? U.S. Oil Growth Has a One-Basin Problem

before 29 minute

Tutors International Welcomes First-Ever Level 7 Qualification for Tutors as Major Step Towards Professional Recognition

before 46 minute

In Cuba, UN chief stresses Latin America’s courageous ‘development vision’

before hour & 6 minute

Crackdown on social media influencers promoting finance advice after Love Island stars charged

before hour & 23 minute

These 3 Nuclear Stocks Should Be on Your Energy Radar

before hour & 38 minute

Wir stellen Domyn vor: den neuen Namen für den Marktführer im Bereich verantwortungsbewusste KI für regulierte Branchen

before hour & 38 minute

Elon Musk's Feud With President Trump Wipes $152 Billion Off Tesla’s Market Cap

before hour & 41 minute

Musk-Trump rupture poses a serious threat to NASA and Pentagon programs

before hour & 50 minute

SEMI Reports Global Semiconductor Equipment Billings Increased 21% Year-Over-Year in Q1 2025

before hour & 56 minute

Administration Proposes Lifting Restrictions on Alaska Oil & Gas Drilling

before 2 hours & 29 minute

MARTAC Hosts Inaugural Investor Day Showcasing Breakthrough Autonomous Maritime Capabilities

before 2 hours & 46 minute

Trump indicates openness to scaling back SALT relief in GOP tax bill

before 2 hours & 57 minute

Marina von Neumann Whitman Dead: International Trade Expert Was 90

before 3 hours & 20 minute

Central Asia's Resources Spark a New Global Scramble

before 3 hours & 35 minute

The Best-Kept Secret in Financial Services Tech Is Available to the Entire Market - Saas Opportunity Capital Acquires Celera Systems

before 3 hours & 55 minute