NNPC Reopens Mosimi Depot

• Tuesday, 18th April 2017
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The Nigerian National Petroleum Corporation (NNPC) announced this week that it has reopened the Mosimi oil depot in Nigeria’s Ogun state after it was shut down for a year.The reopening will facilitate the supply and ...

Nigeria’s Crude Oil Output Decreased to 1.6mb/d

• Tuesday, 11th April 2017
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Nigeria’s average daily crude oil and condensate production decreased from the 2mb/d recorded February production to be 1.6mb/d in March.

NLNG Negotiates New Gas Contracts

• Monday, 10th April 2017
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Nigeria LNG (NLNG) started negotiating with potential buyers on contracts for gas supplies from Trains 1, 2 and 3, which together produce 9m tons/y of LNG.

Nigeria Reopens Warri Oil Refinery

• Sunday, 9th April 2017
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Warri oil refinery resumed operations with 60% of its installed capacity after its shut down for a maintenance period due to technical operational issues.

Nigeria to Legalize Illegal Oil Refineries

• Sunday, 9th April 2017
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The decision aims to bring peace to the Niger Delta region and came after growing demands made by community leaders.

NIPCO Acquires ExxonMobil’s 60% Stake in Mobil Oil Nigeria

• Thursday, 6th April 2017
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NIPCO Investments Limited completed the acquisition of the 60% majority equity stake of ExxonMobil Oil Corporation in Mobil Oil Nigeria Plc.

Agip $13.5b Project Boosts Nigeria’s Oil Production

• Wednesday, 5th April 2017
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Nigeria’s daily crude oil production is expected to rise as the Nigerian Agip Exploration Limited (NAE) starts work on Zabazaba deep water project that is expected to gulp $13.5b.

Nigeria Reduces 26% of Gas Flaring

• Tuesday, 4th April 2017
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Nigeria's gas-flaring rates dropped from 36% in 2006 to 10% in 2016, pushing the country down from the second position as the highest gas-flaring nation to the seventh.

Nigeria: Lekoil and GE Collaboration

• Tuesday, 4th April 2017
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Lekoil Ltd signed a memorandum of understanding with GE Electric Co. to develop a work program for the Ogo field in OPL310 offshore Nigeria.

Nigeria Loses Oil buyers to the US

• Sunday, 2nd April 2017
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While Nigeria has been struggling to recover from the militant attacks that affected its crude oil productions and exports, the US crude oil exports emerged into markets that Nigeria used to dominate.