Category: Oil & Gas
TotalEnergies, Chevron show appetite for Nigeria’s deepwater assets after Shell’s $5bn deal
With zero foreign investment in early 2023, to billions pledged by year’s end – what lies behind the country’s dramatic offshore turnaround, and what are the challenges?
Nigeria sets sights on 2.7 million bpd production by 2027
Improvements in security around oil production and transportation sites is the main driver behind the rising production
NNPC Ltd/First E&P JV achieves 96% reduction in routine gas flaring
By Oke Peter In a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas emissions by 20% unconditionally and 47% conditionally, as stipulated in the Nationally Determined Contributions under the Paris Agreement, the NNPC Ltd and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has successfully achieved 96% reduction in…
Nigeria’s fuel imports drop to lowest in 8 years as Dangote refinery ramps up production
Dangote refinery, which has the highest refining capacity in Africa and Europe has disrupted global oil trade and pushed some refineries in Europe out of the market.
Why we increased petrol price —Dangote Refinery
The development is directly related to the significant increase in global crude oil prices
Bridging climate action and sustainable development with natural gas
Natural gas holds a pivotal role in bridging the need for climate action and sustainable development.
Petrol prices may drop below ₦500 per litre in 2025 –Marketers
The deregulation policy has introduced competition among producers, driving prices lower.
BP celebrates first gas from its deepwater ‘megaproject’ offshore Africa
Afterward, this gas will be transferred via pipeline to Golar LNG’s floating liquefied natural gas (FLNG) Gimi.
Warri refinery has resumed operations, says NNPCL
Kyari explained that the inspection aimed to show Nigerians the level of work completed so far.
Nigeria approves Shell’s $1.3 billion asset sale to Renaissance
The deal would fulfill Shell’s long-term goal of exiting operations in the challenging Niger Delta area