Nigeria | Egypt Oil & Gas - Part 9
Nigeria’s Oil Production Increased by 274,000b/d
The Organization of Petroleum Exporting Countries(OPEC) announced last week that Nigeria’s crude oil production increased by 274,000b/d in April, Premium Times reported. According to Naija247 News, OPEC said that the ...
Shell Examines Nigeria’s Forcados for Reopening
Anglo-Dutch oil firm Shell is testing the Trans Forcados crude export pipeline in Nigeria to check the possibility of restarting the activities at the infrastructure, Reuters reported. Ecofin Agency informed that the ...
Eni to Construct New Crude Oil Refinery in Nigeria
The Nigerian Oil Minister, Emmanuel Ibe Kachikwu, announced that the Italian oil company Eni is planning to construct a crude refinery in Nigeria through its Agip subsidiary, Reuters reported. Kachikwu announced the p...
Nigeria to Disclose New Investors for NNPC’s Refineries
The Nigerian Minister of State for Petroleum, Ibe Kachikwu, announced that the federal government will disclose the new investors that will be managing the state-owned refineries Port Harcourt Refining Company (PHRC),...
Nigeria Boosts Amnesty Funds to Maintain Peace in the Niger Delta
The Nigerian presidency stated that the country almost tripled its budget to fund for militants in an amnesty program in its oil-producing heartland, in line with its plan to maintain the peace in the Niger Delta and...
Nigeria Mulls Extending Exemption from OPEC Deal
Nigeria is aiming to extend another six months of exclusion from the oil production reduction plan set by the Organization of Petroleum Exporting Countries (OPEC), All Africa reported. The Minister of State for Petro...
Nigeria’s Oil Production Reaches 2mb/d
Nigeria’s crude oil production has increased from 1.2mb/d to 2mb/d, according to All Africa. As informed on Premium Times, Nigerian National Petroleum Corporation’s (NNPC) Managing Director, Maikanti Baru,... Eland Announces Reserves Upgrade for Nigeria Operations
Eland Oil & Gas PLC has announced an operational and funding update for its Opuama well in Nigeria, Petroleum Africa reported. According to Proactive Investors, Eland’s also unveiled a reserves upgrade that deliv... 
