Nigeria Archives - Page 16 of 18

31st July 2020

Nigeria: There is Need to Cut Oil Production Unit Cost by Local Firms – Kyari, Sylva

According to the Group Managing Director of Nigeria's National Oil Company, the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, Nigeria's high crude oil production cost comes from local oil firms....

31st July 2020

Nigeria Signs Bilateral Agreement with Israel for Green Energy Development

The State of Israel and the Federal Republic of Nigeria on Wednesday 29th July 2020, signed a bilateral agreement on the development of green energy in Nigeria. This was the...

29th July 2020

Shell Nigeria Gas Announces the Completion of 20Km Abia Gas Pipeline Expansion

Shell Nigeria Gas has announced the completion of the final phase of the Nigerian major’s 20 kilometres domestic gas pipeline expansion project in Abia State, Nigeria. The pipeline is connecting...

27th July 2020

Nigeria/Saudi Arabia: Petroleum Ministers Discuss the Global Oil Market

The Minister of Petroleum of Nigeria, His Excellency Timipre Sylva and the Minister of Energy of the Kingdom of Saudi Arabia, His Royal Highness Prince Abdulaziz Bin Salman had a...

22nd July 2020

Nigeria: DPR issues Pre-qualification Notice to Successful Companies in the Ongoing Bid Rounds

The Department of Petroleum Resources (DPR) has reportedly issued a pre-qualification notice to companies that were successful in their application for the ongoing Marginal Fields Bid Rounds on 57 marginal...

17th July 2020

Nigeria: McDermott Secures Contract for a 12,000 bpd Modular Refinery in Bayelsa

The engineering and procurement contract for the 12,000 barrels per day modular hydro skimming refinery in Bayelsa State, Nigeria, has been awarded to McDermott International Ltd by Azikel Petroleum Ltd....

16th July 2020

AFRICAN OPEC MEMBER COUNTRIES OIL & GAS FIGURES FOR 2019

According to the 2020 OPEC Annual Statistical Bulletin, these are the Petroleum facts and figures for the African member countries for 2019. Kindly note that crude oil exports may include...

15th July 2020

OPEC Releases its Annual Statistical Bulletin for 2020

The 55th Annual Statistical Bulletin (ASB) of the Organisation of Petroleum Exporting Countries (OPEC) which highlights accurate data on the global oil and gas industry annually has been released. It...

14th July 2020

Nigeria: FG Encouraged to Completely Halt Fuel Subsidy

The latest figures released in the Monthly Financial and Operations March 2020 report shows fuel subsidy cost the nation 101.6 billion Naira from January - March 2020. The country spent...

11th July 2020

Nigeria: NNPC Announces 19.14% Increase in Natural Gas Supply to Power Plants for April 2020

The Nigerian National Petroleum Corporation (NNPC) announced on Thursday 9th July 2020 that there has been an increase of 19.14% in the average daily natural gas supply to power plants...