Nigeria | Egypt Oil & Gas - Part 36
Nigerian Environmental Groups Call for Audit at Agip Oilfields
The Environmental Rights Action / Friends of Earth Nigeria (ERA/FoEN) has called for a comprehensive audit of safety procedures at the Agip oil fields in Bayelsa following frequent fatal explosions, Premium Times info...
Pirates Kidnap Turkish Cargo Ship Crew off Nigeria’s Coast
Six Turkish members of a cargo ship’s crew have been kidnapped by pirates off the coast of Nigeria, a spokesman for the Nigerian navy said, Reuters informed. According to African officials cited by BBC, they are...
Nigeria Destroys 400 Illegal Mini-Refineries Despite Scarcity
The Nigerian Security and Civil Defence Corps, NSCDC, informed it had recently destroyed more than 400 illegal mini-refineries operated by oil thieves. The measure was met with criticism as it is not believed to be th...
Nigeria’s NNPC loses $121.63m due to Vandalism
The Nigerian National Petroleum Corporation (NNPC) said it recorded around $121.63m loss in February, when gas supply decline of 70mmscf/d to power plants due to vandalism of the Forcados export line, The Nation repor...
Nigeria Striving to Make Up for Budget Shortfalls
Nigeria might use money set aside for funding joint venture projects with foreign and local oil firms to make up any shortfall in the 2016 budget if government revenue projections are not met, Finance Minister, Kemi A...
Nigeria Convinces Oil Majors to Pay $200m for Fuel Imports
Nigeria will get $200m in badly-needed hard currency from oil majors to pay for fuel imports and ease petrol shortages that has hit the OPEC producer, the head of state-run oil firm NNPC said, Reuters reported. As Pet...
Nigeria’s Forte Oil Seeks to Raise $502m for Expansion
Nigerian Forte Oil, which owns a power plant and sells gasoline in the country, plans to raise as much as $502m in equity or debt this year as it aims to double profit and expand its activities, Bloomberg reported. It...
Nigeria to Set Up $150m Solar Power Project in Plateau State
Nigerian Panyam community, in Mangu Local Government Area of Plateau State, is to benefit from a $150m solar plant power project expected to take off before the end of this year, All Africa reported. When completed, i... 
