Spot trading slows as Nigerian oil sellers keep firm premiums

Spot trading slows as Nigerian oil sellers keep firm premiums

Little fresh trading surfaced on Nigerian crude as buyers pressed for lower differentials on medium and heavy grades and sellers of Nigerian oil kept...

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Oil marketers using NNPC stations to defraud Nigerians – DPR

Oil marketers using NNPC stations to defraud Nigerians – DPR

The Department of Petroleum Resources (DPR) Wednesday, raised an alarm that some unscrupulous marketers are using some NNPC Retail outlets to defraud unsuspecting motorists...

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Trans Saharan Gas the longest planned pipeline in Europe, M. East & Africa to 2022 – GlobalData

Trans Saharan Gas the longest planned pipeline in Europe, M. East & Africa to 2022 – GlobalData

Analysis of the planned and announced trunk/transmission oil and gas pipelines in Europe, Middle East, and Africa (EMEA) shows that the Trans Saharan Gas...

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FG to address anomaly of untaxed imported LPG

FG to address anomaly of untaxed imported LPG

The federal government has acknowledged what it called an anomaly where domestic Liquefied Petroleum Gas (LPG) is taxed while tax on imported gas is...

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Over $25bn to be spent on Nigeria’s upstream oil capex to 2020

Over $25bn to be spent on Nigeria’s upstream oil capex to 2020

An average capital expenditure (capex) of $8.4bn per year will be spent on 249 oil and gas fields in Nigeria between 2018 and 2020....

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Neconde initiates arbitration case against Shell over OML 42 production

Neconde initiates arbitration case against Shell over OML 42 production

Nigerian energy company, Neconde's chief executive has disclosed that the firm has launched an arbitration case against Royal Dutch Shell, alleging the oil major...

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NDPR commences 3 well drilling campaign at Ogbele, with Omerelu in sight

NDPR commences 3 well drilling campaign at Ogbele, with Omerelu in sight

Nigerian independent Niger Delta Petroleum Resources (NDPR), commenced a 3 well campaign on the Ogbele field in mid-March 2018, according to Africa Oil +...

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NNPC prepares for groundbreaking of 614km AKK gas pipeline project

NNPC prepares for groundbreaking of 614km AKK gas pipeline project

The Nigerian National Petroleum Corporation NNPC) said arrangements were being concluded for the historic groundbreaking of the 40inch x 614km Ajaokuta - Kaduna –...

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Nigerian oil exports to remain flat in May

Nigerian oil exports to remain flat in May

Loading plans showed on Friday that Nigeria's oil exports are expected to hold at close to 1.8 million barrels per day (bpd) in May,...

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