International offshore rig count drops to 185 in March – BHGE

International offshore rig count drops to 185 in March – BHGE

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for March 2018 was 972, down 7 from the...

Read More
Nigeria remains committed to OPEC’s oil production freeze – Kachikwu

Nigeria remains committed to OPEC’s oil production freeze – Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, in the March edition of the OPEC bulletin which was dedicated to Nigeria, remained...

Read More
Loadings of Nigerian, W. African oil for India at 11 month low

Loadings of Nigerian, W. African oil for India at 11 month low

West Africa's oil loadings for India, which include Nigerian crude grades have slid to an 11-month low on a barrel-per-day basis, Reuters reports. Loadings for India,...

Read More
NNPC to grow Nigerian Liquified Petroleum Gas (LPG) market – Baru

NNPC to grow Nigerian Liquified Petroleum Gas (LPG) market – Baru

The Group Managing Director of the The Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has restated his commitment to the growth of Liquified...

Read More
DPR approves construction of LPG extraction plant in Rivers

DPR approves construction of LPG extraction plant in Rivers

The Federal Government has given approval to Green Energy International Limited to commence the construction of the 12 million standard cubic feet per day...

Read More
NNPC moves to expand retail stations nationwide

NNPC moves to expand retail stations nationwide

In its bid to ensure that Nigerians enjoy the benefits of steady supply and distribution of petroleum products, the Nigerian National Petroleum Corporation (NNPC)...

Read More
Seven Energy executive lists challenges plaguing Nigeria’s gas-to-power sector

Seven Energy executive lists challenges plaguing Nigeria’s gas-to-power sector

Ian Brown-Peterside, the Managing Director, Midstream, Seven Energy, while speaking at the Nigerian Norwegian Chamber of Commerce (NNCC) Q1 2018 Business Roundtable Seminar held...

Read More
Nigerians won’t accept petrol price hike through new 5% fuel levy – IPMAN

Nigerians won’t accept petrol price hike through new 5% fuel levy – IPMAN

Oil marketers have said that any increase in the price of Premium Motor Spirit as a result of the five per cent levy on...

Read More
Forcados oil terminal ramps up after brief pipeline shutdown

Forcados oil terminal ramps up after brief pipeline shutdown

Nigeria’s Forcados terminal is ramping up after a temporary shutdown on the Trans Forcados Pipeline, Reuters reports. “There was low injection into the Forcados terminal...

Read More