Category: Oil & Gas
Seplat to revive idle Nigeria wells following purchase of Exxon’s onshore assets
Seplat, which is listed in Lagos, Nigeria and London, views the acquisition as a good deal in terms of costs and returns
Nigeria’s crude production to increase by 30,000bpd
*As VP Shettima launches Oriental Energy’s FPSO facility in Dubai, says it’s symbol of national ambition *Vessel heads for Nigeria as firm launches $315m offshore asset By Oke Peter In a major gain for President Bola Ahmed Tinubu’s oil sector reforms, Nigeria’s Oriental Energy Resources Limited has unveiled a $315 million Floating Production, Storage and…
Gas has ‘unique’ dual role to play in world energy, says GECF
Gas is abundant, versatile, flexible and the cleanest of hydrocarbons, making it essential for supporting just and equitable energy transitions”
PENGASSAN confirms Port Harcourt Refinery operational amid controversy over missing reformer unit
But in all honesty, the refinery is working, and these products are all there and coming out
TotalEnergies plans $750M offshore Nigeria gas project to boost LNG supply
The French company approved an investment of about $500 million in a joint venture with state-owned Nigerian National Petroleum Co. to develop the Ubeta onshore field.
Port Harcourt refinery: Will NNPCL be able to compete with Dangote?
We are anxiously waiting for a similar gesture to Kaduna Refinery. A country that cannot process its natural resources is still a colony.
Port Harcourt refinery begins production
Recall that promises made to Nigerians by the Federal Ministry of Petroleum Resources and the NNPC about the refinery failed seven times before now.
NNPC Ltd announces 1.8mbpd production, targets 2mbpd by year end
The interventions that led to the recovery of production cut across every segment of the production chain with security agencies closely monitoring the pipelines.
Divestment: IOCs not leaving Nigeria —Lokpobiri
The minister also assured that Nigeria will not lose out on royalties, taxes, or capital inflows.
IMF urges African oil exporters’ reforms to boost ‘subdued’ growth
The commodity intensive countries are growing at about half the rate of the rest of the region