The
United States of America’s spectacular oil production gains that have seen the
country emerge as the world’s biggest oil producer is in sharp contrast to
Nigeria’s government induced stagnation in its oil exploration and production
sector.
The
USA will remain the world’s biggest oil producer this year after overtaking
Saudi Arabia and Russia, as extraction of energy from shale rock formations
surge, Bank of America Corp. said over the weekend.
The
International Energy Agency (IEA) said