Remove 2014 Remove Basin Remove Crude Oil
article thumbnail

Nigeria Oil Industry Overview

Drillers

Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa. Nigeria joined OPEC in 1971 before it even had its own state oil company. The dispute continues as local communities sue oil companies for damages with mixed success.

Oil 52
article thumbnail

A Look Back on 2024

Energy Transfer

anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. In a deal valued at $7.3 Bcf/d, and two additional processing plants that are under construction.

article thumbnail

Valor | Energy Connection – Feb. 17, 2025

Valor

WTI holds above $70 amid Russia-Ukraine peace talks Summary : WTI crude oil remains cautiously above $70 as investors await further developments in the Russia-Ukraine peace talks, which could potentially flood the market with more Russian oil and negatively affect prices. Stay tuned for weekly updates to keep you well-informed.

Energy 52