Chinese companies have agreed to invest $80b in oil and gas infrastructure projects in Nigeria, reported Oil Price. Asia Times quoted Nigeria’s Oil Minister and Head of the Nigerian National Petroleum Corporation (NNP...
Nigeria witnessed an increase in oil production from 1.6mb/d to about 1.9mb/d since any major pipeline attacks in the Niger Delta occurred and repairs on oil facilities were made, according to a state oil company̵...
The West African Gas Pipeline Company (Wapco) said it had suspended the flow of gas from Nigeria to Ghana over unpaid bills by the Ghanaian government, reported Reuters. Wapco spokeswoman, Harriet Wereko-Brobby, said ...
The Organisation of Petroleum Exporting Countries (OPEC) has urged Nigeria to sustain its ongoing energy reforms in order to succeed in transforming the country. Secretary General of OPEC, Dr. Mohammed Barkindo, made ...
Nigerian new militant group, the Red Scorpion, has claimed responsibility for the blowing up of two pipelines belonging to Elf Oil Company in Awara in Ohaji Egbema Council, Area of Imo State, reported The Sun News. In...
With a cost of oil production of $28.99 per barrel, Nigeria is now the world’s third most expensive country to produce oil in. The African country stands behind UK and Brazil, that produce a barrel of oil at $44...
The Nigerian National Petroleum Corporation (NNPC) announced it had shut off a pipeline valve attacked by Niger Delta Avengers in Oruk Anam Local Government Area, Akwa Ibom State. The Nigerian state oil firm said the ...
Nigeria’s and Angola’s crude oil export to the US has risen from the 190,000 b/d recorded in Q1 of 2015 to 354,000 b/d in Q1 of 2016, the Organization of Petroleum Exporting Countries (OPEC) revealed in it...
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, reported AllAfrica. ...
The Niger Delta Avengers, a militant group that has carried out attacks on oil facilities in Nigeria’s southern oil region, said it would only negotiate with the government if independent mediators facilitated t...