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Nigeria
Nigeria
Nigeria’s Dangote Refinery Agrees to Export Polypropylene With Vinmar
Dangote Petroleum Refinery and Petrochemicals has entered a partnership with Vinmar Group, an international petrochemicals distribution company, to distribute D…
Solar project
UK Investors Back 50 MW of Solar in Nigeria With $3.6 Million
UK energy developer Konexa, alongside investment manager Climate Fund Managers (CFM) and Norwegian development finance institution Norfund, has signed a develop…
Oil Pipeline
Nigeria’s Trans Niger Oil Pipeline Bursts, Spills Crude, Rights Group Says
An environmental rights group reported a rupture in Nigeria’s Trans Niger Pipeline, a vital channel for transporting crude oil from onshore fields to the …
Oil Field
Nigeria Says Exxon Commits $1.5b to Deepwater Development
Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, p…
Crude Oil
Exxon Plans $1.5 Billion Investment in Nigerian Oilfield
ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…
Electricity Trade
Nigeria Reduces Electricity Subsidies by 35% Following Tariff Hike for Heavy Users
Nigeria has reduced electricity subsidies by 35% following a tariff increase for specific consumers last year, according to Power Minister Adebayo Adelabu. The …
Oil Pipeline
Oando Pipelines in Nigeria’s Oil-Rich Bayelsa State Hit by Sabotage Attacks
Oando Plc, a Nigerian oil producer, reported three incidents targeting its pipelines in Bayelsa state, southern Nigeria, over the past week. The company announc…
Natural Gas
China’s COOEC Starts Shell Nigeria’s Gas Project
China Offshore Oil Engineering Company (COOEC) began fabricating key components for Shell’s HI shallow-water gas and condensate project offshore Nigeria. …
Crude Oil
Nigerian Player Sets Sights on Offshore Production Ramp-Up, Targeting 20+ Wells in 2025
Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.While speakin…
Power Construction
Nigeria and UN Set up $500M Fund for Distributed Renewable Energy
Nigeria, in partnership with a United Nations agency, has established a $500m target to finance the roll-out of distributed renewable energy solutions such as s…
Oil Refinery
OPEC Forsees Lower Dangote Refinery Petrol Price
The Organisation of the Petroleum Exporting Countries has expressed optimism that the Dangote Petroleum Refinery can lower petrol prices in Nigeria.This is even…
Crude Oil
Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion
A Nigerian oil and gas company, NESGAS Limited, yesterday, said the signing of a $200 million contractor financing agreement with Cakasa Nigeria Limited for the…
Oil Refinery
Dangote Refinery Reduces Diesel Price to N1,020/Litre
Dangote Petroleum Refinery and Petrochemicals says it has reduced the cost of its diesel to N1,020 per litre, down from N1,075 per litre at the gantry price.In …
Oil Refinery
Dangote Refinery to Operate at 100% by March
Dangote Oil refinery, currently operating at 85 per cent capacity is expected to go 100 per cent in 30 days.The 650,000-barrel-per-day refinery began processing…
Natural Gas
NNPC/First E&P Records 96% Reduction in Gas Flaring
The Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has succ…
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