Nigeria | Egypt Oil & Gas - Part 39
Nigeria Asks for $3.5b Emergency Loans from World Bank, AfDB
Nigeria’s government is in talks for concessionary loans worth $3.5b from the World Bank and the African Development Bank to help finance its planned record budget in 2016.
Militants Bomb Another Crude Pipeline in Nigeria
A crude oil pipeline in Nigeria's southern state of Bayelsa operated by the local subsidiary of Italy's Eni– was attacked. A spokesman for Nigeria's state oil company said he could not yet say whether exports would b ...
Nigeria to See Rise in Crude Exports in March
Nigeria is to see an increase in its crude oil exports in March, as Eni has lifted its force majeure on Brass River crude and Shell has reopened the Trans Niger pipeline.
Nigeria Increasing Efforts against Oil Vandals
Nigerian officials are implementing greater measures to combat theft and vandalism of Nigeria’s oil pipelines
Nigeria Producing at $5 Loss per Barrel
With oil prices at 13-year lows, Nigeria may be continuing production at a $5 loss per barrel.
Nigeria’s Azura Power Plant to Begin Construction
Nigeria’s plan to build a 456MW gas-fired power plant, Azura, outside of Benin City is finally becoming a reality, as the World Bank is set to guarantee the investment to begin the construction. Nigeria to Revise National Budget amid Low Oil Prices
Nigerian President Muhammadu Buhari has asked parliament to withdraw the 2016 budget in order to make changes.
Nigerian State Oil Company to Hold IPO by 2018
Nigeria is planning an initial public offering for assets owned by its national oil company, the Nigerian National Petroleum Corporation (NNPC), by 2018, according to Nigerian Minister of Petroleum Resources, Emmanue ...
