NPDC increases oil production from July to Sept 2017

NPDC increases oil production from July to Sept 2017

Oil production by the Nigerian Petroleum Development Company (NPDC), the flagship upstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), has grown following the...

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Change in Nigerian shipping policy could spur lifting of crude by indigenous shipowners

Change in Nigerian shipping policy could spur lifting of crude by indigenous shipowners

Following a stakeholders’ engagement on the issue, Nigerian shipowners in the maritime sector are on the verge of getting the desired change in trade terms...

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Spot offers for Nigerian crude slip as March export plan expected

Spot offers for Nigerian crude slip as March export plan expected

Sellers lowered their offers in West Africa as the market braced for March export plans over the coming days, Reuters reports. Just over 20 February-loading...

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Oil price reaches $70 for first time since 2014

Oil price reaches $70 for first time since 2014

Oil topped $70/bbl in London for the first time in three years as production cuts by OPEC and rising demand whittle away a global...

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Gas pipeline explosion has not affected supply – NNPC

Gas pipeline explosion has not affected supply – NNPC

Nigeria’s state oil firm said on Friday that the supply of gas had not been affected by an explosion the previous day on a...

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Fuel scarcity abates in Lagos, persists in PH, Kano, others

Fuel scarcity abates in Lagos, persists in PH, Kano, others

Residents of Lagos and Abuja have begun heaving sighs of relief from the recent fuel scarcity, leaving people in Imo, Enugu, Port Harcourt, Kano...

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Axxela expands gas supply across West African sub-region

Axxela expands gas supply across West African sub-region

Axxela Limited, (“Axxela”), sub-Saharan Africa’s preferred and fastgrowing gas & power portfolio company, is set to expand its gas supply footprint across the West...

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LPG use can improve health, avert herdsmen/farmer clashes – Banner Energy MD

LPG use can improve health, avert herdsmen/farmer clashes – Banner Energy MD

The Managing Director, Banner Energy Limited, Nuhu Yakubu, while speaking during the company’s Corporate Social Responsibility (CSR) free hand-out of cylinders to Lagos residents,...

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50 vessels of petrol have arrived Nigeria’s ports – IPMAN

50 vessels of petrol have arrived Nigeria’s ports – IPMAN

The President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Okoronkwo has said that a total of 50 Vessels carrying petrol have...

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