NNPC says Port Harcourt refinery has gotten a potential financier

NNPC says Port Harcourt refinery has gotten a potential financier

The Nigerian National petroleum Corporation (NNPC) says that some of the financing companies it approached to revamp the country’s refineries have shown interest in...

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December exports of Nigeria’s four major crude grades set to hit 8-month high

December exports of Nigeria’s four major crude grades set to hit 8-month high

Exports of the four largest grades of Nigerian crude oil will rise to 879,608 barrels per day in December, the highest since April this year,...

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NNPC GMD assures of petroleum products availability during festive period

NNPC GMD assures of petroleum products availability during festive period

As the dry season draws near in the Country, the Nigerian National Petroleum Corporation (NNPC) has warned petroleum products consumers across the nation against...

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Asian tenders, high freight hampers trade for Nigerian crude

Asian tenders, high freight hampers trade for Nigerian crude

A series of tenders by major Asian refiners and freight rates at multi-year highs kept activity on the Nigerian market fairly subdued. Supply of Nigerian...

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DPR to limit supply of petrol to Nigeria’s border areas

DPR to limit supply of petrol to Nigeria’s border areas

The Department of Petroleum Resources (DPR) in Adamawa on Wednesday said it would limit supply of petroleum products to border areas to control the...

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NSCDC in Edo intercepts 45,000ltrs of illegally-refined petroleum products

NSCDC in Edo intercepts 45,000ltrs of illegally-refined petroleum products

The Nigeria Security and Civil Defence Corps (NSCDC), Edo Command, has intercepted a truck laden with 45,000 litres of suspected illegally-refined petroleum products. Mr...

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‘Unstable’ OPEC nations; Nigeria and Libya may decide if oil hits a $100 a barrel

‘Unstable’ OPEC nations; Nigeria and Libya may decide if oil hits a $100 a barrel

Two OPEC members could soon determine whether oil prices spike back towards $100 a barrel — and those countries are not Saudi Arabia and...

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Total E&P MD highlights Egina developments, gas and upcoming projects

Total E&P MD highlights Egina developments, gas and upcoming projects

Nicolas Terraz, the managing director of Total E&P Nigeria, talks to TOGY about developments in the company’s projects in the country, the role of...

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Supply of Nigerian Bonny Light crude grade set to rise

Supply of Nigerian Bonny Light crude grade set to rise

Nigerian supply looked set to grow again in December. Nigeria’s Bonny Light crude oil stream will load 263,483 barrels per day in December, up from...

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