Nigeria | Egypt Oil & Gas - Part 44
Angola Seeks Collaboration on Oil, Gas with Nigeria
The government of Angola has called on the Nigerian business community to take advantage of investment opportunities that abound in their country, This Day Live reported. Angola’s ambassador to Nigeria, Dr EJ Qu...
Nigeria’s NNPC to Invest $20b in its Operations Next Year
Nigerian National Petroleum Corporation announced planned investments of around $20b in its operations next year, with the aim of ensuring that Nigeria’s crude oil production capacity hits 3m bpd by the end of 2016, T...
Nigeria Approves $2.1b Payment to Oil Marketers
Nigeria’s government has approved the payment of . 1b to oil marketers as outstanding payment for fuel subsidy claims, the state-run Nigerian National Petroleum Corporation (NNPC) said on Wednesday, Reuters repo...
Nigeria to Deal Directly With Refiners, Cancels Bids
Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers of the Nigerian National Petroleum Corporation (NNPC) announced on Tuesday, according to News 24. I...
Amnesty Slams Shell and Nigerian Authorities over Niger Delta Clean-up
Amnesty International has accused Royal Dutch Shell’s of making false claims concerning its spills clean-up in Nigeria, even citing a contractor who says the clean-up itself was a cover-up, reported ABC News. In...
Stiff Sentences for Nigerian Fuel Smugglers
Nigeria’s Economic and Financial Crimes Commission (EFCC) has announced that seven men have been jailed for 10 years after being arrested with nearly 1,500 tons of contraband petrol, the Business Standard reported. Th...
Nigeria Launches Transparency Bid Round Via TV
Nigeria’s state oil firm NNPC began auctioning annual crude term contracts on live television on Tuesday, reported Reuters. The contracts are for nearly 2 million b/d of crude oil exports. This time round, howev...
Nigeria’s $20b Gas Pipeline Project Stalls, Fund Shortage
The $20 billion Trans-Saharan gas pipeline project through which Nigeria will transport natural gas to Europe is stalled over shortage of funds, New Telegraph reported. The project, which when completed, would transpo...
