Libya, Nigeria May Adjust Oil Output

• Tuesday, 11th July 2017
• by Dr. Mahinaz El-Baz

Libya and Nigeria, exempt from global oil cuts, may attend a joint meeting between members of the Organization of the Petroleum Exporting Countrys (OPEC) and non-OPEC nations late July as oil producers look for ways ...

Shell Nigeria Lifts Force Majeure on Bonny Light Oil Exports

• Sunday, 2nd July 2017
• by

Royal Dutch Shell PLC's Nigerian unit announced that it had lifted the force majeure that was declared on Bonny Light oil exports.

Schlumberger Signs $700m Oil Deal in Nigeria

• Sunday, 2nd July 2017
• by

Nigeria signed a deal with Schlumberger to provide $700m for the development of two oil fields in the country’s crude-rich south.

France to Invest $1.13b in Nigeria’s Oil and Gas industry

• Wednesday, 28th June 2017
• by

The French government says it has set aside about $1.13b to invest in Nigeria’s oil and gas industry, to strengthen its economic relations in Africa.

Nipco Launches $16m Offer for Mobil Oil Shares

• Thursday, 22nd June 2017
• by

Nipco Plc has launched a $16m offer for the shares it needs to increase its stakes in Mobil Oil to 70% to comply with Nigerian takeover rules.

Indonesian Firm Interested in Refinery in Nigeria

• Thursday, 22nd June 2017
• by

Indonesian PT Intim Perkasa Company expressed interest in building a refinery in Nigeria.

Nigeria’s Forte Oil Plans a $66m Share Sale

• Wednesday, 21st June 2017
• by

Nigeria's Forte Oil announced plans of a $66m share sale to institutional and high net worth investors and applied for regulatory approval.

DuPont Clean Technology Wins Contracts for Oil Refinery in Nigeria

• Monday, 19th June 2017
• by

Dangote group contracted DuPont Clean Technologies to supply a range of proprietary equipment for the construction of a new oil refinery in Nigeria.

Nigeria’s Diesel Price Crashes by 42%

• Monday, 19th June 2017
• by

NNPC announced that the price of diesel has crashed by about 42% nationwide,.

WAPCo to Purchase Gas from Dangote Refinery

• Sunday, 18th June 2017
• by

WAPCo has begun talks with Dangote Refinery to buy gas to bridge an estimated 300mcf/d of gas deficit in Ghana by the year 2020,