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Nigeria
Power Construction
Siemens Report Provides Damning Verdict on Power Generation in Nigeria
Siemens has given a damning verdict on power generation in Nigeria in its Technical and Commercial report where it stated that the subsector will continue to re…
Oil Field
Nigeria's Revenue Burden to Ease off as DPR Announces Bids for Marginal Oilfields
Federal High court in Lagos against the FG on the revocation of 2 oil field licenses, DPR has gone ahead to announce its first licensing round.
Market Analysis
Siemens Deal to Enable Nigerians Receive 11,000MW of Electricity by 2023
Lai Mohammed, minister of information, says Nigerians will enjoy 11,000 megawatts (MW) of electricity by 2023.
Crude Oil
Surprise Boost for Nigeria's Economy Comes with Higher Oil Flows
Nigerian economic growth beat estimates in the first quarter as oil production rose to the highest in at least four years.
LNG
Daewoo E&C Won a Liquefied Natural Gas Plant in Nigeria
The company will build a plant that can produce 8 million tons of LNG and additional facilities.
Oil & Gas Trade
OPEC Says Nigeria's Oil Output Dropped Last Month
The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output, excluding Condensate, at 1.78 million barrels per day, m/bd, in April 20…
Crude Oil
Oil Majors May Be Forced To Cut Crude Output In Nigeria
The new OPEC+ production cut deal to remove a total of 9.7 million bpd from the market in May and June enters into force on May 1.
Oil & Gas Trade
Covid-19: Saving Nigeria from the Peril of Oil Economy
It is no gainsaying the fact that the global pandemic Coronavirus has made the world economy to shrink. With a sudden shutdown of most countries to contain the …
Hydropower Plant
Power Generation Drops to 3,757MW as 6 Plants Remain Idle
The output levels of Nigeria’s hydropower plants recorded rapid depletion in the last couple of days, which saw the entire power generation slip to 3,757MW.
Oil & Gas Trade
Nigeria's Oil, Gas Exports Hit $5.1bn in One Year - NNPC
The Nigerian National Petroleum Corporation (NNPC) has said that the country exported oil and gas worth about $5.18 billion in the last one year, spanning betwe…
Oil Price
How Nigeria Can Leverage on Negative Oil Prices
Governments of oil producers like Nigeria, whose economies were already reeling from the headwinds brought on by COVID-19 must have been wondering what they wou…
Oil & Gas Technology
Nigerian Refinery Achieves Digital Transformation in Record Time
Nigeria's dangote group has achieved a digital transformation led by SAP.
Oil & Gas Trade
Crude Cuts: Nigeria to Earn $10.61bn in Eight Months
Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by members and non-members of the Organisation…
Nigeria Oil & Gas Conference & Exhibition
"International Oil & Gas Industry Showcase & Conference"Nigeria Oil & Gas Conference & Exhibition is an international platform for all oil and gas industries to…
Power Construction
US $200m Nigeria Electrification Project launched
The US $200m Nigeria Electrification Project has officially been launched by Rural Electricity Agency (REA). Managing Director of REA, Mr. Ahmad Salihijo spoke …
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