Nigeria | Egypt Oil & Gas - Part 36

Nigeria’s NNPC Secures Crude Import to End Fuel Scarcity

Nigerian President Muhammadu Buhari has given approval for the Nigerian National Petroleum Corporation (NNPC) to import additional crude oil volume to guarantee supplies of Premium Motor Spirit (PMS) petrol with a go ...

Ghana Seeking New Gas Suppliers from Nigeria

Nigerian company's inability to supply agreed volume of gas to Ghana via the West African Gas Pipeline prompted renewed calls to seek alternative gas suppliers in that country.

Nigeria’s State Oil Company Withheld $16b in 2014

Nigeria's Auditor-General has denounced that Nigerian National Petroleum Corporation (NNPC) withheld $16 billion in revenues from the federal government in 2014.

Nigeria to Extend Oil&Gas Exploration In Lake Chad Basin

Nigeria plans to extend oil and gas exploration in new fields in the Lake Chad Basin in the North East and in the coastal states such as Lagos, where oil has been discovered in commercial quantity.

China Wants More of Nigeria’s Oil

China is seeking more crude oil exports from Nigeria in spite of the recent changes in oil prices. In 2015, total amount of the Nigerian crude export to the country was about 1m barrels, which means 1.3% of Nigeria’s ...

Nigeria’s Oil Unions End Strike After Govt Promises

Nigerian unions ended a day-old strike against the split of the state-owned Nigerian National Petroleum Corp. (NNPC) after a minister promised there would be no job cuts.

Nigeria Oil Workers Stage Strike, Shutting Down NNPC

Nigerian trade unions shutted down the offices of the Nigerian National Petroleum Corporation, NNPC, in protest at plans to reorganize the company. The strike raises the spectre of further oil shortages in the country.

Nigeria Breaks Up National Oil Company Into 7 Units

The Nigerian National Petroleum Corporation, NNPC, has been unbundled into seven independent operational units by President Muhammadu Buhari, in attempt to restructure the company trying to recover its financial loss ...

Nigeria to Restructure State Oil Giant to Make it Profitable

Nigeria is set to split its giant state-run National Oil Company into 7 independent units -before it was said the split would be into 30 units– in an effort to improve efficiency in the wake of the oil price crash.

Nigerian Petroleum Tankers Blame Government for Fuel Scarcity

Nigerian Petroleum Tankers Drivers (PTD), the arm of the National Union of Petroleum and Natural Gas Workers (NUPENG), blamed the Nigerian National Petroleum Corporation (NNPC) for the current scarcity of petrol in s ...

Page 36 of 55

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