Higher offers emerge for Nigerian crude, but buyers remain lethargic

Higher offers emerge for Nigerian crude, but buyers remain lethargic

Higher offers emerged for Nigerian grades on Wednesday, but given the abundance of unsold cargoes, no buyers stepped forward, leaving differentials broadly unchanged. Nigerian cargoes...

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Eni tops Africa’s oil & gas value chain capex list with $26.8bn spend by 2025 – GlobalData

Eni tops Africa’s oil & gas value chain capex list with $26.8bn spend by 2025 – GlobalData

In Africa, Eni SpA, Sonatrach SPA, and Nigerian National Petroleum Corporation (NNPC) are the top spenders in terms of new build capex to be...

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Italy’s Atb Riva Calzoni ships largest ever hydrofracking reactors to Dangote Refinery

Italy’s Atb Riva Calzoni ships largest ever hydrofracking reactors to Dangote Refinery

The two hydrofracking reactors built by Atb Riva Calzoni and destined for the first Nigerian refinery of company Dangote Refining Ltd. have sailed on...

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NNPC adopts new measures to ensure fuel availability for Yuletide and beyond

NNPC adopts new measures to ensure fuel availability for Yuletide and beyond

The Nigerian National Petroleum Corporation, NNPC, has adopted new measures targeted at enhancing fuel supply nationwide in the next six months and beyond. The...

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Major oil marketers move to address petroleum downstream accidents

Major oil marketers move to address petroleum downstream accidents

Bothered by the risk tendencies in petroleum products movement across the country, oil marketers under the aegis of Major Oil Marketers Association of Nigeria...

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PETAN boss highlights solutions to various energy challenges in Nigeria

PETAN boss highlights solutions to various energy challenges in Nigeria

Bank-Anthony Okoroafor, the chairman of the Petroleum Technology Association of Nigeria (PETAN), an umbrella organisation that represents Nigerian companies in the oil and gas...

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Indian, Indonesian and Turkish tenders keep spot trade for Nigerian crude muted

Indian, Indonesian and Turkish tenders keep spot trade for Nigerian crude muted

Spot trade in Nigerian crude slowed on Tuesday as a series of tenders in India, Indonesia and Turkey deterred sellers from making offers, while...

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DPR licensed 147 filling stations in FCT in 2018 – Controller

DPR licensed 147 filling stations in FCT in 2018 – Controller

The Department of Petroleum Resources (DPR), said it licensed 147 filling stations in the Federal Capital Territory in 2018. Malam Abba Misau, the Zonal...

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OPEC sees output rise by 180k bpd in Sept – Platts

OPEC sees output rise by 180k bpd in Sept – Platts

OPEC's 15 countries boosted crude oil output in September to 33.07 million b/d, a 180,000 b/d rise from August, according to an S&P Global...

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