Nigeria | Egypt Oil & Gas - Part 49
Nigeria’s Buhari Advised to End Fuel Subsidy
Nigeria's new president, Muhammadu Buhari, has been advised by his transition committee to end a fuel subsidy program and privatize Nigeria's four refineries, senior sources in his party told Reuters on Sunday.
Nigeria Reconsiders Stakes in Joint Ventures
The Nigerian government should start selling off its stakes in oil joint ventures with foreign partners to ease the funding issues and leakage of cash due to corruption and waste which have impeded the country's bid ...
Nigeria Power Plans Require Fixed Gas-Pipeline
For Nigeria’s state-owned energy company, supplying gas to power plants around the country depends on fixing pipelines quicker than they get ruptured.
Nigeria Could Increase Oil Output With Funding Reforms
Nigeria can boost its oil and gas production by changing the way capital investments are funded in its joint ventures with energy companies, according to Seplat Petroleum Development Co. Buhari Plans to Keep Oil Portfolio Away from New Nigeria Cabinet
President Muhammadu Buhari is likely to keep the oil portfolio for himself in the new Nigerian cabinet, rather than trust anyone else with the source of most of Nigeria's revenue and traditional fount of corruption, ...
Seven Energy Seeks to Increase Gas Production in Nigeria
Seven Energy International Ltd. in Nigeria aims to work together with other companies in the country to increase gas production, Bloomberg Business reported. Seven Energy expects to quadruple gas production in Nigeri ...
Oil Tanker Explodes in Southern Nigeria Killing 69
A runaway oil tanker truck exploded in a crowded bus station in the south of the country, setting ablaze 12 buses carrying passengers and killing 69 people, Nigeria's Red Cross and police said Monday.
Eni CEO Denies Problems in Nigeria
Italian oil company Eni is not experiencing any major production problems in Nigeria, the CEO said on Thursday.
