Nigeria | Egypt Oil & Gas - Part 51
Nigeria and Algeria Predict a Long Period of Low Oil Prices
Oil prices are likely to stay low for a long time after falling more than 40 percent in the past year, said officials from two OPEC nations.
Nigerian Fuel Marketers Owed $315 Million in Fuel Subsidy
Nigeria's main fuel marketers said late Thursday the government has yet to fulfill its pledge to settle Naira 60 billion ($315 million) in unpaid subsidy for gasoline imported in previous quarters, warning that this ...
Four Challenges Facing Nigeria´s President-Elect Buhari
For President-elect Buhari, winning Nigeria's tight election race is the easy part. Keeping Africa's biggest country afloat will be harder
Violence Sparks in Nigeria’s Oil-Rich Delta Region
Nigeria's delta region was hit by violence on Friday, as gunmen killed nine people and, separately, militants blew up a gas pipeline, in a sign of returning unrest to the oil producing area days after a relatively pe ...
African Oil Producers Seek to Cut Production
The African Petroleum Producers Association, which represents oil and gas producers from Algeria to South Africa, called for a cut in oil output globally.
Unrest in Nigeria Oil Region Subsides as Jonathan Concedes
Nigerian President Goodluck Jonathan’s concession of defeat in presidential elections has mitigated the risk of an armed uprising in the main oil-producing region by militants who were intent on keeping him in power.
Exploration and Productions Drops to Record Low in Nigeria
Nigeria’s oil and gas sector faces low exploration and drilling activities, with only two companies currently engaged in activities, revealed the Nigerian National Petroleum Corporation (NNPC).
Total Completes Divestment of its Onshore Stake in Nigeria
Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P, a Nigerian company, for USD 569m
