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Category: Nigeria

Category:
  • Nigeria

Nigeria: Govt Targets 4 Million BPD Oil Production, Tasks Local Firms On IOCs’ Divestments, Others

The Minister of State for Petroleum Resources, Ibe Kachikwu has tasked indigenous operators to step up their investments and take over major operations from international oil companies, especially as many Continue Reading

Posted On : 6 Apr 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Step Up Investments to Take Over Major Operations From IOCs, Kachikwu Tells Local Operators

Yenagoa — The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has tasked indigenous operators in the oil and gas sector to step up their investments and take over Continue Reading

Posted On : 6 Apr 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Buhari’s Second Chance At Oil and Gas Reform in Nigeria

The president’s first term fell short of the changes needed to modernize the sector. Can he make headway in his second? Muhammadu Buhari, re-elected as president of Nigeria in February, Continue Reading

Posted On : 6 Apr 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Struggles To Keep Oil Production At Quota Levels

Nigeria’s Petroleum Minister Emmanuel Ibe Kachikwu admitted that reducing oil production to the quota assigned by OPEC is a challenge, not least because of the start of production at the Continue Reading

Posted On : 5 Apr 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: NNPC to Search Deeper for Oil in the North

The Nigeria National Petroleum Corporation (NNPC) has pledged to deepen its search for oil in the north. The corporation has also described the Dangote Refinery, currently under construction, as a Continue Reading

Posted On : 5 Apr 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Shell Paid Nigeria U.S.$6.3 Billion in 2018, Highest in the World

Royal Dutch Shell, Nigeria’s largest foreign investor paid the Nigerian government $6,397,325,844 as oil production entitlement, taxes, royalties and fees arising from the company’s activities involving oil and gas exploration, Continue Reading

Posted On : 4 Apr 2019 Published By : Tom Whipple
Category:
  • Nigeria

Exclusive: Exxon weighs sale of Nigerian oil and gas fields for up to $3 billion

Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, Continue Reading

Posted On : 3 Apr 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: NNPC’s U.S.$48 Billion Oil and Gas Projects

At the 2019 International Petroleum Conference held in London, recently, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, was reported to have copiously highlighted major Continue Reading

Posted On : 3 Apr 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: ExxonMobil in Further Divestments From Nigeria

There are indications that ExxonMobil has concluded plans to divest from some onshore and offshore fields worth $3 billion in Nigeria. Industry and banking sources that made this disclosure to Continue Reading

Posted On : 3 Apr 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: ExxonMobil Considers Sale of Oil Stakes in Nigeria

 Exxon Mobil may sell a suite of oil and gas fields it holds in Nigeria and has commenced talks on the sales as it focuses on new developments in United Continue Reading

Posted On : 3 Apr 2019 Published By : Tom Whipple

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