Articles Tagged "barrels"

430 million barrels of crude-oil lost in NNPC, Shell JV deal

Owing to inefficiencies, funding constraints and shut-in of oil wells due to crisis in the Niger Delta, approximately 430 million barrels of crude oil have been lost by Nigeria in the NNPC, Shell Joint Venture deal. Shell’s African Executive Vice President, Ms. Ann Pickard, said: The inefficiencies in the sector that are blocking Nigeria from [...]