Nigeria | Egypt Oil & Gas - Part 30

Nigeria Has Third Highest Oil Production Costs

Nigeria is now the world' third most expensive country to produce oil in, with a production cost per barrel of crude oil put at $28.99.

Nigeria’s Oil Firm Shuts Off Gas Pipeline After Attack

Nigerian state oil firm NNPC managed to close a valve of a pipeline in the Niger Delta to contain a gas leak caused by an explosion.

Nigeria, Angola Crude Exports to US Increased

Nigeria's and Angola's crude oil export to the United States has risen from the 190,000 b/d recorded in Q1 of 2015 to 354,000 b/d in Q1 of 2016.

Nigeria’s Community Pressures ExxonMobil over Oil Spill

The Ibeno community of Akwa-Ibom state, a host to ExxonMobil, has given the oil major one week ultimatum to clean up the latest alleged oil spill from its facilities or face sanctions in the area.

Nigeria’s Avengers Demand Independent Mediators

The Niger Delta Avengers said they would only negotiate with the government if independent mediators facilitated the talks.

Nigerian Militants Attack Eni’s Pipeline

The Niger Delta Avengers claimed responsibility for an attack on an oil pipeline operated by a Nigerian subsidiary of Italy's Eni oil company, Agip.

Nigeria Oil Militants Reject Talks With Government

The Niger Delta Avengers which has claimed attacks on oil facilities that have slashed Nigeria’s output said it’s not in talks with the government, a day after the authorities said they were preparing for dialogue.

Nigeria Examines Chevron Gas Project ‘Astronomical’ Cost

A Nigerian Senate committee asked Chevron to explain why a gas-to-liquids Joint Venture (JV) with the state-run oil company cost three times more to complete than initially estimated.

Nigerian Navy Arrests Militant Leaders

The Nigerian Navy said it has recorded a major feat in the ongoing military onslaught against the militant group The Niger Delta Avengers (NDA), which maintains a wave of attacks on oil and gas infrastructures in the ...

Shell Rules Out Repair of Damaged Oil Facility in Nigeria

Royal Dutch Shell, the largest oil producing company in Nigeria, which has suffered series of attacks on its 48-inch Forcados export pipeline that links onshore storage tanks with an offshore port, has ruled out the ...

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