Nigeria | Egypt Oil & Gas - Part 41
Nigeria Plans to End Gas Flare by 2030
Nigeria has planned to end gas flare in the country by 2030 in accordance with the Intended Nationally Determined Contributions (INDCs), a mandatory but non-enforceable country level commitment to tackle the challenge...
IMF Chief to Discuss Economic Developments with Nigeria and Cameroon
International Monetary Fund (IMF) Chief, Christine Lagarde, has arrived to Abuja for a four-day visit to open talks with policy makers and top officials from Nigeria and Cameroon on economic developments affecting bot...
Nigerian Environmental Group Condemns Shell’s Poor Response to Oil Spill
Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) organization has condemned what it called a slow response of Shell Petroleum Development Company (SPDC) to the oil spill incident of July 2015 at its...
Nigeria Navy Raids Illegal Crude Oil Traders
The Nigerian Navy said it had uncovered a hideout of crude oil thieves in Oteghale community, Warri-South Local Government Area of Delta State, and arrested 16 suspects, Daily Post Nigeria reported. In the site, the a...
Nigeria Navy Destroys Illegal Oil Refineries
The Nigerian Navy has destroyed 48 illegal oil refineries, 8,000 metric tons of stolen oil, and 200 metric tons of refined gasoline (diesel), in a recently conducted operation in the Niger-Delta territory, DailyPostNg...
Nigeria Expects US to Resume Crude Oil Purchase
The US is believed to soon resume its oil trade relations with Nigeria by purchasing ‘very limited’ quantities of Nigeria’s crude, according to a statement by Nigeria’s Minister of State for Pe...
Nigeria To Boost Expenditure as Oil Deficit Widens
Nigerian President, Muhammadu Buhari announced plans to raise the government spending to $31b, up 20% in 2016 through extensive borrowing at home and abroad amid falling oil prices, reported BBC News. The money is ear...
Nigerian Christmas Tragedy: 100 Burnt to Death in Gas Explosion
A huge explosion at a butane gas depot in the industrial town of Nnewi, Anambra State, south-eastern Nigeria, on December 24th, has left ‘tens’ of people dead, Nigeria’s President, Muhammadu Buhari s...
