Nigeria: NNPC Seeks to Dominate Africa’s Oil Market
Africa in the next three years. The Chief Strategist at the NNPC, Mr. Bala Wunti disclosed this. Wunti, who is the Group General Manager, Corporate Planning and Strategy of the Continue Reading
Nigeria: NNPC, Chinese Consortium Meet to Finalise Term Sheet On 614km AKK Gas Line
The Nigerian National Petroleum Corporation (NNPC) and a Chinese consortium have met in Dubai, United Arab Emirate, to work towards finalising the term sheet for financing of the 614 kilometres Continue Reading
Nigeria: Firms Acquire Bp’s 100,000bpd Refinery in Turkey for Relocation to Nigeria
Nigerian National Petroleum Corporation, NNPC, yesterday, disclosed that a group of investors has acquired a 100,000-barrel per day, BPD, refinery in Turkey, from British Petroleum, BP, and are currently in Continue Reading
Nigeria leans on 200,000 b/d offshore Egina project to spur oil output
Nigeria is banking on the 200,000 b/d offshore Egina project to boost its production by over 10%, as the Total-operated field is expected to come online later this year. Receive Continue Reading
Is This The Next Natural Gas Giant?
Shell’s presence in Nigeria has been controversial, what with lawsuits for the pollution of the Niger Delta, chronic pipeline vandalism and, in recent years, militant attacks on oil-producing infrastructure. But Continue Reading
Billionaire’s huge Nigerian oil refinery likely delayed until 2022: sources
LONDON (Reuters) – A huge oil refinery being built in Nigeria by Africa’s richest man is unlikely to start production until 2022, two years later than the target date, sources Continue Reading
Nigeria: Dangote Refinery to Save $7.5bn Through Import Substitution
The construction of the 650,000 barrels of crude oil per day Dangote Refinery is expected to help Nigeria save over $7.5 billion through import substitution.The project, will put Nigeria on Continue Reading
Nigeria: Explain Your Role in N9 Trillion NNPC Contract Scam, PDP Challenges Buhari
The Peoples Democratic Party (PDP) Monday charged President Muhammadu Buhari and the ruling All Progressives Congress (APC)-led administration to tell Nigerians what they know about the N9 trillion ($25 billion) Continue Reading
Nigeria: Dangote Refinery to Save Nigeria $7.5bn Through Import Substitution
The construction of the 650,000 barrels of crude oil per day Dangote Refinery by the Dangote Group is expected to help Nigeria save over $7.5 billion through import substitution and Continue Reading
Nigeria: Shell to Conclude Plans On Bonga Oilfield Next Year
The decision to go ahead or withhold action the development of Nigeria’s Bonga Southwest offshore oilfield by Royal Dutch Shell and its partners has been put off till 2019, a Continue Reading