Nigeria | Egypt Oil & Gas - Part 14

Angola to Increase Its April Oil Exports

Angola will increase its April crude oil exports to 1.691mb/d, according to its provisional loading plan, reported Reuters. The exports contain 53 cargoes that include the first of Olombendo crude oil from the East Po...

Nigeria to Establish New Petroleum Free Zone

Nigeria will establish a new oil and gas free zone that is promoted by Awaritse Nigeria Limited, which is willing and ready to do its best to deliver it, Oil and Gas Free Zones Authority’s Managing Director, Uma...

Nigeria Seeks $16.4b through Asset Sales

Nigeria’s Federal Government plans to generate up to $16.4b through asset sales in the next four years to reduce the burden on the nation’s budget, All Africa informed. According to Bloomberg, the sales will hel...

Angola Overtakes Nigeria as Africa’s Biggest Oil Producer

Angola remained in January as the largest oil producer in Africa, overtaking Nigeria, according to the February issue of the monthly newsletter on the oil market released in Vienna by the Organization of Petroleum Exp...

Nigeria’s Communities Demand 50% of Oil Blocs

Host Communities of Nigeria Oil and Gas Producing areas (HOSTCOM) asked for the approval of the Nigerian Federal Government to give 50% of oil blocs in the Niger Delta region to oil and gas bearing communities, report...

Nigeria, Niger Enter Joint Pipeline Agreement

Officials at the Nigerian National Petroleum Company (NNPC) stated that NNPC and the Federal Government joint venture with Niger Republic will run crude oil pipeline that will provide oil to the Kaduna Refining & ...

Nigeria Seized $9.8m from NNPC Ex-Manager

Nigeria’s anti-corruption body seized $9.8m in cash from the former Head of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, as part of the country’s continuous struggle against corruptio...

Total to Approve New Global Investments

French Total intends to make final investment decision on 10 oil and gas production projects in the next 18 months in various countries that include Nigeria, Angola, Azerbaijan, and Argentina, reported Daily Trust. Th...

Orient Petroleum to Boost Nigeria’s Gas Supply

Orient Petroleum Resources Plc (OPR) and First Modular Gas Systems Limited (FMGSL) signed a Gas Processing, Sale, and Purchase Agreement (SPA) in order to develop the first phase of a gas processing plant at OPR’s Ana...

Nigeria to Stop Importing Fuel by 2019

Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, stated that the country will stop importing refined petroleum products by 2019, reported All Africa News. Kachikwu explained that the Federal Governmen...

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