FG to get NLNG to aid Brass LNG, OK LNG with investment, expert advice

FG to get NLNG to aid Brass LNG, OK LNG with investment, expert advice

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said that the government may ask the NLNG to help get two delayed LNG...

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Marketers worry over looming fuel scarcity

Marketers worry over looming fuel scarcity

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday expressed worries over the looming fuel scarcity in Ibadan due to non-availability of the...

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NLNG seeks constructors for new BOG compressor at export facility

NLNG seeks constructors for new BOG compressor at export facility

Nigeria LNG has issued an invitation for the expression of interest for the engineering, procurement, construction and commissioning of a new boil-off gas compressor...

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Dangote refinery a threat to European refineries – S&P Global Platts Director

Dangote refinery a threat to European refineries – S&P Global Platts Director

The crude oil refinery being built in Lagos by Dangote Industries Limited is a threat to refineries in Europe, which Nigeria relies mostly on...

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Nigerian July crude exports lowest in 2018 on outages, reduced Asian demand

Nigerian July crude exports lowest in 2018 on outages, reduced Asian demand

Nigerian grades may have fallen out of favour somewhat in Asia, as Asian buyers cut their intake of Nigerian crude in favour of U.S....

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U.S. firm KBR awarded FEED contract for NLNG’s project

U.S. firm KBR awarded FEED contract for NLNG’s project

KBR, Inc. (NYSE: KBR) announced today it has been awarded an LNG FEED contract by Nigeria LNG (NLNG) for further expansion of the Bonny...

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IOCs offshore investments deterred by unfavourable fiscal terms in new PSCs

IOCs offshore investments deterred by unfavourable fiscal terms in new PSCs

Major discoveries in offshore fields are yet to proceed to development as IOCs do not see a path to profitability in the proposed framework...

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Nigeria needs additional 300,000bpd to meet daily fuel consumption – Experts

Nigeria needs additional 300,000bpd to meet daily fuel consumption – Experts

Oil industry experts at the Aret Adams foundation’s 15th annual lecture series said yesterday that with the nation’s growth rate, about an extra 300,000 barrels...

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Nigeria sees lull in deepwater activity as seven offshore projects await FIDs

Nigeria sees lull in deepwater activity as seven offshore projects await FIDs

The lack of final investment decisions (FID) on seven offshore deepwater oilfield projects in the country poses a threat to the country’s target of...

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