Shell Resumes Oil Flows From Key Nigerian Terminal
Oil flows from the Forcados terminal in Nigeria has been restarted following a months-long pause. Shell, the operator of the terminal, halted exports in mid-July due to a leak in Continue Reading
Nigeria: Relief As Shell Resumes Crude Oil Export At 400,000bpd Forcados Terminal
Hope for the addition of 500,000 barrels per day (bpd) of crude oil to Nigeria’s daily output by the end of November to earn more revenue to finance the 2023 Continue Reading
Catastrophic Flooding in Nigeria Uproots Millions and Severs Gas Production
Flooding across Nigeria has hobbled gas production and decimated thousands of square kilometers of farmland, the country’s government said Wednesday, aggravating fuel and food shortages across Africa’s most populous nation Continue Reading
Nigerian Authorities Hopeful After Massive Oil Theft Busts
The Nigerian National Petroleum Corporation says that weeks of an intense crackdown on oil thieves have significantly reduced the scale of oil theft in the oil-rich Niger Delta and that Continue Reading
Nigeria LNG outage threatens Europe, traders with higher costs
European countries and gas traders are reeling from the latest LNG supply shock – a force majeure from Nigeria LNG – that threatens nearly 4% of global supply and further Continue Reading
Nigeria LNG Declares Force Majeure After Flooding
A ship loads liquefied natural gas from the Nigerian LNG plant on Bonny Island, Nigeria. Nigeria LNG Ltd. declared force majeure on shipments from its Bonny Island liquefied natural gas Continue Reading
Nigeria flooding kills more than 600 people and displaces 1.3mn
More than 600 people have died and 1.3mn have been displaced from their homes in flooding that has hit 33 of Nigeria’s 36 states and the capital Abuja, government officials Continue Reading
Nigeria: Oil Theft – Tompolo Uncovers Another Illegal Pipeline in Delta
The latest discovery comes less than one week after at least 58 illegal oil pipelines were discovered by Tompolo in Delta and Bayelsa States where crude oil was being stolen. Continue Reading
Nigeria: Army, Navy, Police Among Oil Thieves, Own Refining Camps
In the past few months, the Federal Government, which had lived in denial of the actual reason for the razor-sharp increase in oil bunkering, popularly known as kpofire, in the Continue Reading
Nigeria’s Oil Production to Get Boost As Shell Resumes Export At 400,000bpd Forcados Terminal Month End
After months of under-production and heavy dip in foreign exchange earnings from oil export due to crude theft and vandalism, Nigeria’s oil production is set to rise again as Shell Continue Reading