Dangote calls for African businessmen to invest in refining, other industries

Dangote calls for African businessmen to invest in refining, other industries

If Africa’s richest man, Aliko Dangote's gamble on a $10.5 billion, 650,000 barrels a day oil refinery that will be Africa’s biggest when it...

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Addax extends FPSO Adoon charter from Yinson

Addax extends FPSO Adoon charter from Yinson

We refer to our announcements dated 20 October 2014 and 19 October 2015, both in respect of the extension of contract for the charter...

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Nigeria’s gas reserves now 202tcf – NNPC

Nigeria’s gas reserves now 202tcf – NNPC

Nigeria’s current proven gas reserve has gone up to 202 trillion cubic feet (tcf) from the initial figure of 199tcf, the Nigerian National Petroleum...

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Spot trade hampered by slow emergence of Nigeria crude export programmes

Spot trade hampered by slow emergence of Nigeria crude export programmes

Spot trade was limited on Monday as traders waited for more Nigerian export programmes to emerge. Nigerian exports of Forcados crude oil have been set...

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Nigeria electrifies other countries while it remains in darkness – NCDMB boss

Nigeria electrifies other countries while it remains in darkness – NCDMB boss

While Nigeria remains in darkness, the country however sells to other countries, an average of 22 million metric tons per annum (mtpa) of liquefied...

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Nigeria will remain important player in global oil market – OPEC Rep

Nigeria will remain important player in global oil market – OPEC Rep

Nigeria’s representative in the Organization of Petroleum Exporting Countries (OPEC), Mele Kyari, has said the country cannot be ignored in the global oil market...

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NNPC, DPR churn out conflicting figures on daily fuel supply

NNPC, DPR churn out conflicting figures on daily fuel supply

There are indications that a huge discrepancy still exists in the figures supplied by the NNPC, and the Department of Petroleum Resources, DPR, on...

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Agip charters Pacific Bora drillship for Nigeria offshore drilling

Agip charters Pacific Bora drillship for Nigeria offshore drilling

Pacific Drilling S.A. (OTC: PACDQ) (“Pacific Drilling” or the “Company”) announced today that its deepwater drillship the Pacific Bora has been awarded a contract...

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Nigeria must not miss its gas opportunity – NLNG MD

Nigeria must not miss its gas opportunity – NLNG MD

The Managing Director of Nigeria Liquefied Natural Gas Limited, Tony Attah, has said that Nigeria’s development amongst the committee of nations lies underground in...

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