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Nigerian
Crude Oil
In Key Breakthrough, Nuprc Data Confirms Nigeria’s 1.5 Million Bpd OPEC Oil Output
Emmanuel Addeh in Abuja Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria’s crude oil production reached 1.5 million ba…
Electricity Trade
Aba Power Raises Electricity Tariffs After NERC Approval
Aba Power Limited Electric, (APLE), a Nigerian electricity distribution company, has announced a more than 50 per cent electricity tariff hike for customers wit…
Nigeria
Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets
Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top m…
Oil & Gas Trade
Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall
Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortf…
Crude Oil
Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri
The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil productio…
Oil Refinery
NLC Hails Dangote Refinery for Fuel Price Cut
The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…
Natural Gas
Saipem Wins $900M EPCI Contract From Shell’s $5BN Offshore Project in Nigeria
Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off…
Natural Gas
NUPRC to Launch New Oil Licensing Round in 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025.NUPRC Chief Executive Officer …
Oil Pipeline
Oil Spill Occurs in Nigeria Due to Pipeline Rupture
An oil spill occurred at the Shell loading terminal in Nigeria’s Delta region after a pipeline ruptured, Nigeria’s maritime agency said on 15 Novemb…
Crude Oil
Oando Raises Oil Production Output by 50%
Oando Plc says it has increased its crude oil production output by almost 50 per cent in three months.It said the achievement followed the acquisition of Nigeri…
Natural Gas
Nigerians Are Switching Cars to Compressed Natural Gas After Petrol Prices Surge
Long queues of cars are a common sight at petrol stations across Nigeria, but for some drivers turning to compressed natural gas, pumps are becoming a thing of …
Oil & Gas Trade
Nigerian Communities Seek $310 Million From Shell, Want Asset Sale Stopped
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Oil & Gas Trade
NNPC Begins Natural Gas Export to Japan, China
The Nigerian National Petroleum Company Limited has commenced shipment of Liquefied Natural Gas cargoes to Japan and China on a Delivered Ex-Ship basis.It said …
Oil & Gas Trade
Eni Wraps up $783M Sale of Nigerian Subsidiary NAOC to Oando
Oando completes acquisition of NAOC from Eni. (Credit: tzevena from Pixabay)Italian energy major Eni has completed the previously announced $783m sale of Nigeri…
Gas Pipeline
Nigeria and Equatorial Guinea Sign Gas Pipeline Project
A file Photo of a gas pipeline near Nigeria's Port Harcourt. REUTERS/Akintunde Akinleye Purchase Licensing RightsNigeria and Equatorial Guinea have signed a…
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