Nigeria retreated by 120,000 barrels a day to 1.32 million, a Bloomberg survey of oil production for April has shown.
The outcome of the survey reverses a surge seen earlier this year when the country reached an accord with a former warlord in…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called off its strike action across Mobil Producing Nigeria Unlimited (MPNU) and Esso Exploration and Production Nigeria Limited (EEPNL) facilities.
The strike action, which commenced on April 13, 2023, effectively constrained 300,000…
Chairman of Shell Companies in Nigeria, Osagie Okubor, has said the country suffered a significant loss in oil revenue over the last year, as a result of pipeline vandalism and oil theft.
Speaking at the just concluded Nigerian International Energy Summit held in…
The $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline which will support the generation of about 3,600mw of power is set for completion in the third quarter of 2023, the Nigerian National Petroleum Company Limited (NNPC) said yesterday.
The scope of work of the project…
A Rivers State High Court sitting in Port Harcourt, on Thursday, has reaffirmed the order restraining Shell Petroleum Development Company (SPDC) from terminating the GSA Logistics Services Contracts handled by indigenous contractors from oil host communities in the region.
According to the Court…
The Chairman of Shell Companies in Nigeria, Osagie Okunbor, on Tuesday, revealed that the international oil company discovered and removed 460 illegal connections on its Trans Niger Pipeline before the facility could be restored after it was shut down for one year.
Shell…
American oil major, ExxonMobil has declared force majeure on oil lifting from several ports in Nigeria.
This follows reported industrial action by the company’s in-house workers union, the company said, in a statement yesterday.
This will lead to another set back to the country…
Energy company, Seplat, has said that it has provided the necessary documentation about its Chief Executive Officer, Roger Brown, to the Nigerian government.
Seplat said this on Thursday, hours after the news broke that the Federal Government has filed charges against Seplat Energy…
The Federal Government will impose $49m (N22bn) fine on oil and gas firms operating onshore for flaring 24b Standard Cubic Feet of gas valued at about N40b ($86m) between January and February 2023.
According to latest gas flare data by the National Oil…
Oil marketers have written to the Federal Government over their proposal to build about 30,000 gas stations to cushion the effects of the proposed subsidy removal on Premium Motor Spirit, popularly called petrol.
Nigerians are currently counting down to the June 2023 projected…
