Stay updated with breaking news from Producing States. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
U.S. oil production has increased by 21% over the past five years. According to data from the Energy Information Administration (EIA), earlier this month U.S. oil producers set a new annual production record. This increase […]
U.S. oil production has reached a new record in 2023, primarily driven by significant contributions from Texas and New Mexico, while California experiences a notable decline.
PIB: 2.5 percent equity, recipe for renewed militancy, HOSTCOM warns FG On By Omeiza Ajayi Host Communities Producing Oil and Gas HOSTCOM have again kicked against the 2.5 percent equity shareholding recommended for oil impacted communities in the Petroleum Industry Bill PIB, insisting that anything short of their initial demand for 10 percent would be stoutly rejected and could be a recipe for renewed militancy in the Niger Delta. National President of HOSTCOM, High Chief (Dr) Benjamin Style Tamanarebi who disclosed this in a statement Sunday in Abuja said indications point to the fact that...