Nigeria | Egypt Oil & Gas - Part 43
Oil tanker Fell Off Bridge in Lagos, No Dead Reported
A Forte Oil’s fuel tanker fell off the Ojuelegba bridge in Lagos bursting into flames as its content spilled and burnt down four houses and five vehicles, The News Nigeria reported. According to News24Nigeria, ...
Nigerian Pipeline Plundered for $250m Worth of Oil
The Nigerian National Petroleum Corporation (NNPC) said that nearly $250m worth of oil was stolen between January and September from a single Nigerian pipeline running north-east from Lagos to the city of Ilorin, BBC ...
Nigerian Economy Grows Despite Oil Prices, Corruption
Nigeria’s Minister of Finance, Kemi Adeosun, said that the country has recorded an increase in oil revenue in October, despite a continued fall in the price of crude oil, reported the Daily Post. Adeosun shared the st...
Nigeria to Boost Profitability in UAE as it Fights Oil Corruption at Home
Alpha Group of Companies Chairman/CEO Sheikh Mohamed Bayorh and senior executives from leading prominent companies in UAE welcomed the Nigerian Minister of State Petroleum Resources, Honorable Emmanuel Kachikwu this w...
Nigerian President to Attend Exporting Countries Forum In Iran
Nigerian President Muhammadu Buhari is travelling on Sunday Nov, 22 to Tehran, Iran, to participate in the 3rd Gas Exporting Countries Forum (GECF), according to pmnewsnigeria. Buhari will lead the Nigerian delegation...
Nigeria’s Crude Exports Record a High
Nigeria exported 64.86 mmbbl, or 2.09 mmbbld, of oil including condensates in July, in comparison to 1.98 mmbbld in June, data released by state oil company Nigerian National Petroleum Corporation showed, Platts repor...
Nigerian Oil Workers to Resist Mass Sack
In spite of the negative impact of the drop in global oil prices on economies of most oil producers, like Nigeria, oil workers have warned petroleum companies to desist from using that as a reason to sack workers, Pre...
Pipeline Vandalism in the Niger Delta Costs $14b
Pipeline vandalism in the Niger delta costs the state and oil companies $14b a year and devastated up to 52,000 hectares of land in 2014, according to new estimates by a leading Nigerian research and development group...
