Nigeria LNG says gas production throttled by oil theft
July 6, 2022 Nigeria LNG Ltd’s plant is producing at up to 68% of its capacity due to theft of crude oil and vandalism of pipelines, among other problems, the…
TotalEnergies launches sale of stake in Nigerian oil joint venture
May 17, 2022 TotalEnergies has launched the sale of its 10% stake in Nigerian joint venture SPDC, with Canada’s Scotiabank leading the sale as financial adviser, a sale document tendering…
Petrol scarcity: NNPC team visits depots, monitors compliance with extended operations directive
March 5, 2022 The Nigerian National Petroleum Company (NNPC) Ltd. has expressed satisfaction with the level of compliance by petroleum products depots with the directive to extend hours of operation,…
IOCs appear to have no development plans in prospects for discovered reserves in Sub-Saharan Africa – Report
Sept. 28, 2021 … As Africa faces questions over undeveloped gas resources Various IOCs appear to have no development plans in prospects for their discovered reserves in Sub-Saharan Africa, according…
As OPEC reopens the taps, Nigeria, Angola losing race to pump more, struggling to raise output
Sept. 27, 2021 Top African oil exporters, Nigeria and Angola will struggle to boost output to their OPEC quota levels until at least next year as underinvestment and nagging maintenance…
FG earns over 1m euros from first recorded carbon credits sale through partnership – NAPIMS
June 9, 2021 Mr. Bala Wunti, Group General Manager, National Petroleum Investment Management Services (NAPIMS) says Nigeria has earned over one million euros from sale of carbon credits through its…