Nigeria | Egypt Oil & Gas - Part 29
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, Nigeria Today reported citing a report issued by the Nigerian N...
Militants Threaten to Destroy Refineries in Nigeria
A militant group, Niger Delta Greenland Justice Mandate, has issued a deadly warning to the federal government of Nigeria that, in a few days, refineries in the region will be destroyed, NAIJ.COM reported. According t...
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, according to the Nigerian National Petroleum Cor...
Nigeria Resumes Paying Former Militants in Niger Delta
Nigeria’s government has resumed cash payments for former militants in the Niger Delta, in order to end a wave of militant attacks on oil and gas facilities . Earlier in February 2016, the Nigerian government de...
Sub-Saharan Africa Boosts Oil, Gas Projects
Sub-Saharan Africa is expected to start operations of 43 crude and natural gas projects in total by 2025. Tullow Oil plc, Total S.A, Chevron Corporation, and Eni SpA are interested in the regional investments, Economi...
Nigeria, Spain to Boost Energy Cooperation
Nigeria and Spain have agreed to form a bilateral association in oil and gas industry, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kachalla Baru, announced. NNPC w... Transcorp Suspends Plans to Construct $1B Power Plant
Transnational Corporation of Nigeria Plc (Transcorp) has decided to postpone plans to construct one of Nigeria’s biggest power plants. The decision comes as a consequence of the gas scarcity and the economic decline ...
OPEC’s Crude Output Disrupted in July
Production of the Organization of Petroleum Exporting Countries’ (OPEC) was disrupted in July by militant attacks in Nigeria and political unrest in Libya, according to Bloomberg. The output of the 13 establishe...
