Nigeria | Egypt Oil & Gas - Part 50
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 corrupt...
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 Nigeria...
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. Red Cross ...
Eni CEO Denies Problems in Nigeria
Italian oil company Eni is not experiencing any major production problems in Nigeria, the CEO said on Thursday. “The situation is fairly normal, there are no problems,” Claudio Descalzi said on the sidelin...
Nigeria’s Gas Prices Could Boost Production
Nigeria needs to increase natural gas prices for power plants further to help encourage more gas exploration and production, the chief executive of Oando Gas & Power, said on Friday as the country’s new pres... Nigeria’s Buhari Faces a Series of Challenges as President
Crippling fuel shortages, power cuts, slowing economic growth and Islamist militants wreaking havoc. Muhammadu Buhari is taking on a tough job when he’s sworn in as Nigeria’s president on Friday. Former military ruler...
Nigeria and it’s Oil Paradigm
As petroleum minister during the 1970s oil boom, Muhammadu Buhari set up the Nigerian National Petroleum Corporation. It is an accident of history that the same man, elected president in March, could now be compelled ...
Nigerian Oil Union Stops Halliburton Operation Due to Job Cuts
Nigeria’s main oil union has shut down the local operations of U.S. oilfield services provider Halliburton Co in protest against job cuts, the trade body said on Tuesday. Tokunbo Korodo, Lagos chairman for the N...
