Angolan Cargoes Find Buyers, Nigeria Witnesses Delays in Crude Loading

• Tuesday, 7th March 2017
• by

Angolan crude cargoes were steadily finding buyers while delays in the loading of Nigerian crude Qua Iboe were weighing on differentials, Reuters reported. Shell said it halted production at Nigeria’s Bonga oil ...

Nigeria Cut Crude Prices

• Sunday, 23rd October 2016
• by Egypt Oil & Gas

The Nigeria National Petroleum Corporation’s (NNPC) General Manager, Mele Kyari, said the company reduced the official selling price (OSP) of Nigeria’s crude oil grades as parts of a strategy to make Nigerian crude at...

Miltants Attacked Nigeria’s Bonny Crude Pipeline

• Tuesday, 27th September 2016
• by Egypt Oil & Gas

The Niger Delta Avengers (NDA) has claimed responsibility for bombing the Bonny 48-inche crude oil export line in Rivers State in Nigeria, Punch reported. Nigeria’s oil and gas infrastructure has long suffered f...

Nigerian Oil Output to Continue Its Decline in 2017

• Sunday, 21st August 2016
• by Egypt Oil & Gas

According to a report by the Energy International Administration, the statistical arm of the United States’ Energy Department, Nigeria’s crude oil production is expected to remain depressed through 2017 as a result of...

ExxonMobil to Reroute Nigerian Crude

• Sunday, 14th August 2016
• by Egypt Oil & Gas

US oil giant ExxonMobil plans to export Nigerian Qua Iboe crude oil through a secondary pipeline while it repairs damage sustained by the main line in July, Reuters reported. The crude oil grade, Nigeria’s largest exp...