Port Harcourt Refining Company (PHRC) managing director Bafred Enjugu told AFP that Nigeria was finally "domesticating" the refining of crude into products
After flows of Nigerian crude to the US during past June and July were partly driven by high prices for domestic light sweet crudes, in September a few Nigerian cargoes were heading to US refineries.
Nigerian President Muhammadu Buhari was scheduled to travel to Paris on Monday for a three-day official visit to France following an invitation from President Francois Hollande. Meetings with the heads of French oil ...
Bloomberg learned that Nigeria has canceled a two-month old ban on 113 foreign-flagged vessels, preventing them from loading crude or gas from the country.
The halving of crude prices has struck at the heart of Nigeria' state finances, reveals Bloomberg, with no facet of the country's oil revenues left unscathed.
Royal Dutch Shell announced on Friday that gas supplies to Nigeria's LNG export terminal on Bonny Island had suffered a reduction thanks to the shutdown of a major oil pipeline in the country
Dr Emmanuel Kachikwu, the new Director of the Nigerian National Petroleum Corporation (NNPC), called for the full deregulation of Nigeria’s oil and gas secto