Nigeria | Egypt Oil & Gas - Part 27
Nigeria and Benue State Restart Ethanol Partnership
The Nigerian National Petroleum Corporation (NNPC) and the Benue State Government (BNSG) have revived their partnership on the Ethanol project for energy sufficiency. The company will also commence hydrocarbon explor ...
Nigeria’s PPMC Sold $2.75b of Petroleum Products
According to the Nigerian National Petroleum Corporation (NNPC) Monthly Operations and Financial Reports for June 2016, the Pipelines and Product Marketing Company (PPMC) earned $2.75b from the sales of petroleum pro ...
India, US Reduce Nigerian Crude Imports
Both India and the US have reduced their Nigerian crude oil imports by 43% and 53% respectively, a call that translated to a minimum loss of $270m of earnings in the Nigerian economy.
Nigeria to Import Petroleum Products
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and an international company, NIMEX Petroleum Group, have plans to import 100,000 metric tones of petroleum products to complement the efforts of the ...
ExxonMobil to Reroute Nigerian Crude
US oil giant ExxonMobil plans to export Qua Iboe crude oil through a secondary pipeline while it repairs damaged of the main line sustained in July.
Nigeria Exported 42% of Crude to India, Spain, Netherlands
Nigeria sold 42% of its total annual crude oil exports, which amounted to 320m barrels, to India, Spain and, the Netherlands, from June 2015 to May 2016.
Militants Threaten to Destroy Refineries in Nigeria
Niger Delta Greenland Justice Mandate has issued a deadly warning that it will destroy refineries in the region.
Nigeria’s Oil, Gas Sales Reach $3.46b
Nigeria has earned about $3.46b in oil and gas revenues between July 2015 and June 2016, with a total of $2.3b coming from crude oil proceeds and $1.17b from gas sales.
