Nigeria Cut Crude Prices

• Sunday, 23rd October 2016
• by Egypt Oil & Gas

The Nigeria National Petroleum Corporation’s (NNPC) General Manager, Mele Kyari, said the company reduced the official selling price (OSP) of Nigeria’s crude oil grades as parts of a strategy to make Nigerian crude at...

Miltants Attacked Nigeria’s Bonny Crude Pipeline

• Tuesday, 27th September 2016
• by Egypt Oil & Gas

The Niger Delta Avengers (NDA) has claimed responsibility for bombing the Bonny 48-inche crude oil export line in Rivers State in Nigeria, Punch reported. Nigeria’s oil and gas infrastructure has long suffered f...

Nigerian Oil Output to Continue Its Decline in 2017

• Sunday, 21st August 2016
• by Egypt Oil & Gas

According to a report by the Energy International Administration, the statistical arm of the United States’ Energy Department, Nigeria’s crude oil production is expected to remain depressed through 2017 as a result of...

ExxonMobil to Reroute Nigerian Crude

• Sunday, 14th August 2016
• by Egypt Oil & Gas

US oil giant ExxonMobil plans to export Nigerian Qua Iboe crude oil through a secondary pipeline while it repairs damage sustained by the main line in July, Reuters reported. The crude oil grade, Nigeria’s largest exp...