Nigeria’s biggest single local investment faces age-old threats
Nigeria’s oil and gas sector, the lifeblood of Africa’s biggest economy, where investments have been too few and far between, could be taking a hit due to the ongoing public…
Nigeria’s oil and gas sector, the lifeblood of Africa’s biggest economy, where investments have been too few and far between, could be taking a hit due to the ongoing public…
Nigeria’s oil and gas sector, the lifeblood of Africa’s biggest economy, where investments have been too few and far between, could be taking a hit due to the ongoing public…
Nigeria plans to resume local refining of crude oil in early August, national petroleum authorities announced Monday. This move aims to end years of idleness at Nigeria’s state-owned refineries and,…
The Federal Government and crude oil producers in Nigeria have committed to working towards a sustainable supply of crude oil to local refineries under a market-determined pricing system. Both parties…
SHELL Offshore Upstream South Africa said this week that its plans to drill five wells off the West Coast, within the Northern Cape Ultra Deep block, will be game-changing for…
Liquefied Natural Gas (LNG) exports from Nigeria have dropped by 13 per cent from 15.1 million tonnes in 2022 to 13 million tonnes in 2023, the International Gas Union (IGU)…
The Organisation of the Petroleum Exporting Countries (OPEC) says world demand for oil is projected to rise to an estimated 116 million barrels per day (bpd) in 2045. Haitham Al…
Nigeria’s new Dangote oil refinery is ramping up gasoil exports to West Africa, capturing market share from European refiners, according to traders and shipping data. According to Reuters, the $20…
The discussions also touched on the ministry’s support for both international and independent oil operators, aiming to enhance production and maintain investor confidence. According to The Nation, Lokpobiri assured Harris…
The Nigerian National Petroleum Company Limited, NNPCL and TotalEnergies are working towards investing $550 million to develop a gas processing facility in Rivers State. The aim is to boost exports…