Offshore rig Nigeria’s daily crude oil output may increase by 200,000 barrels by the end of March 2018, the Nigerian National Petroleum Corporation said. The new output will come from Continue Reading
If the Nigerian government wants to fight militants blowing up oil pipelines, it should send troops into the creeks and mangrove swamps of the Niger River delta. Not the city. Continue Reading
Shell among buyers for first time since February halt Pipeline stopped after militant attack led to force majeure The oil market gave the clearest sign yet that Nigeria’s Forcados crude Continue Reading
An employee talks on a radio aboard the Agbami floating oil production, storage and offloading… Nigeria’s cash-strapped government is suing some of the world’s biggest oil companies on claims they Continue Reading
Oil storage Royal Dutch Shell (NYSE:RDS.A) and two other companies have acquired around 1 million barrels of Nigeria’s Forcados crude grade for delivery in late November, in what may be Continue Reading
Warri — The Niger Delta Greenland Justice Mandate (NDGJM) yesterday claimed it blew up an oil pipeline belonging to the Nigerian Petroleum Development Company (NPDC) in Delta State. The group Continue Reading
Rating lowered from B+ to B, outlook now stable from negative GDP seen contracting 1 percent in 2016, grow 2 percent in 2017 S&P Global Ratings downgraded Nigeria further into Continue Reading
Exxon said to be on brink of resumption of top Nigeria grade Libya lifts export restriction on ports halted for months Amid the most enduring global oil glut in decades, Continue Reading
The new OPEC Monthly Oil Market Report is out with crude only production numbers for August 2016. All charts are through August 2016. (Click to enlarge) OPEC crude only production Continue Reading
Mobil Producing Nigeria Unlimited, a unit of ExxonMobil, will resume shipment of Qua Iboe crude, Nigeria’s largest grade of crude oil in October, three months after the company had declared Continue Reading
