Nigeria | Egypt Oil & Gas - Part 35

Nigeria Enhances Gas Stations Security

Nigeria deployed police and soldiers to gasoline stations to maintain order as fuel shortages grip Africa’s biggest oil producer,  Bloomberg reported. The most severe fuel scarcity in a year in Africa’s most populous ...

Nigeria to Track Trucks as Fuel Stolen During Shortages

Nigeria is planning to plant tracking devices on trucks as nearly a third of the country’s fuel supply is being stolen in the midst of crippling shortages in Africa’s largest oil producer, Bloomberg reported. About 30...

Nigeria Faces Problems over Oil Freeze Failure

A meeting held in Doha, Qatar, mid-April between the world’s biggest oil producers ended without a deal to freeze oil production, and this puts Nigeria and other cash-strapped oil producers in more trouble, acco...

Nigeria Needs to Increase Daily Crude Output

The Nigerian Association of Energy Economics (NAEE), an affiliate of the International Association of Energy Economics (IAEE), said that the country’s currently fluctuating oil production level of 2. 4mb/d may n...

Eni Declares Force Majeure on Nigeria’s Brass Crude

Italia’s Eni has declared a force majeure on Nigeria’s Brass River grade of crude oil, once again throwing a spotlight onto the unreliability of exports from a country plagued by oil theft, Reuters reporte...

Nigeria to Speed Up Oil&Gas Contracts

Nigeria is determined to cut the contracting cycle –the time between the bidding process and the actual award of contracts– in the country’s oil and gas industry from the current average period of two to four years, t...

Buhari Vows to Deal With Oil Militants

Nigeria’s President, Muhammadu Buhari, has vowed to crack down on groups responsible for attacks on oil pipelines, which have contributed to a fuel shortage in the country, Newsweek reported. Buhari made the comments ...

Nigeria’s Army Commissions its First Oil&Gas Filling Station

The Nigeria Army Property Limited (NAPL) has commissioned its first oil and gas filling station, that was recently built in Minna, Niger state capital, Leadership reported. According to Petrol Plaza News, it is one of...

Nigeria’s Forcados Oil Pipeline Unlikely to Operate Before June

Repair work on the pipeline feeding Nigeria’s Forcados crude oil to the export terminal are expected to take until June, Reuters reported citing sources familiar with the matter. The grade has been under force m...

China Offers Nigeria $6b Loan to Fund Infrastructure

After months of talks, China has offered Nigeria  a loan worth $6b to fund infrastructure projects, according to the Nigerian foreign ministry. The announcement came as both countries signed a currency swap deal to bo...

Page 35 of 56

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