Shell Nigeria Lifts Force Majeure on Forcados oil

• Sunday, 11th June 2017
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Royal Dutch Shell has lifted force majeure on exports of Nigeria’s Forcados crude oil, Reuters stated. According to This Day Live, after several months of repairs, Shell Petroleum Development Company had earlier...

Indonesia to Purchase More Crude Oil From Nigeria

• Thursday, 1st June 2017
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The Nigerian National Petroleum Corporation (NNPC) announced that Indonesia is interested in increasing its purchase of crude oil from Nigeria,  All Africa informed. The Indonesian Ambassador to Nigeria, Harry Purwant...

NNPC To Support Egbin Power Plant with 500mcf Gas Station

• Tuesday, 30th May 2017
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The Nigerian National Petroleum Corporation (NNPC) announced that it will construct a 500mcf/d metering plant to serve the planned capacity expansion of Egbin Power Plant from its installed capacity of 1,320MW to 2,67...

Nigeria Exempted from OPEC Production Cuts

• Monday, 29th May 2017
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The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has announced that the Organization of Petroleum Exporting Countries (OPEC) and its other non-producers allies granted Nigeria another exemption fr...

Equatorial Guinea’s Bioko Oil Terminal Attracts Interest from Nigeria’s Oranto Petroleum

• Thursday, 25th May 2017
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Nigeria’s Oranto Petroleum is interested in The Bioko Oil Terminal (BOT) project in Equatorial Guinea, Petroleum Africa reported. According to Asoko Insight, The Nigerian company expressed its interest in investing in...

SNEPCo Announced 702mb of Oil Production from Bonga

• Wednesday, 24th May 2017
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The Managing Director of SNEPCo, Bayo Ojulari, announced that The Bonga oil field operated by Shell Nigeria Exploration and Production Company (SNEPCo) has produced about 702mb of oil since its start up in 2005. The f...

General Electric to Establish Service Plant for Power Turbines in Nigeria

• Monday, 22nd May 2017
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General Electric (GE) announced that it is going to establish a repair and service plant for power turbines in Nigeria and has invested over $100m in its aim to fulfill the growing demand for gas-fired power plants in...

NNPC to Sign $6b Oil Exchange Deals

• Sunday, 21st May 2017
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Nigeria’s state oil company is finalizing the signing of $6b worth deals to exchange more than 300,000b/d of crude oil for imported gasoline and diesel, Reuters reported. According to CNBC Africa, the contracts includ...

Morocco and Nigeria to Execute the Atlantic Gas Pipeline

• Wednesday, 17th May 2017
• by Sarah Samir

The Morocco-Nigeria landmark project to lay an Atlantic gas pipeline, which will carry Nigerian gas through six West African countries up to Morocco and eventually to Europe, is heading towards materialization with th...

NNPC to Continue to Explore Oil in Lake Chad Basin

• Wednesday, 17th May 2017
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The Nigerian National Petroleum Corporation (NNPC) announced that it will continue to search for oil in the Lake Chad Basin of Borno state, All Africa reported. According to The Guardian, NNPC’ Managing Director...