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Nigeria: Oil Price Hits $54.25 P/B As Opec Predicts High Demand, Market Stability

The price of crude oil has stabilised at $54.25 as the Organisation of Petroleum Exporting Countries, OPEC, predicted increased stability of the market, yesterday. The price, which was also over $54 per barrel the previous day was said to have...

September 13, 2017

Green Post

Nigeria requires $16.5bn to achieve 40bn barrels oil reserves target

To achieve the set target of 40 billion barrels crude oil reserves by 2020, the hydrocarbon industry will require between $13 and $16.5billion over the next five years, the Chief Operating Officer, Gas and Power, Nigerian National Petroleum Corporation (NNPC),...

September 13, 2017

Green Post

Nigeria: NNPC Crashes Petrol, Cooking Gas Prices Nationwide

The Nigerian National Petroleum Corporation (NNPC) has said sustained strategic intervention in the efficient supply and distribution of petroleum products has led to significant fall in the prices of petrol, and liquefied petroleum gas (LPG), also known as cooking gas,...

September 4, 2017

Green Post

Total, Greenville, Partner NNPC To Invest In Gas

Mr Eddy van den Broeke, Chairman of Greenville, an oil and gas company, on Tuesday in Abuja disclosed that his company would invest $500 million in the nation’s gas sector. He said the investment would be in collaboration with NNPC/Total...

August 30, 2017

Green Post

Nigeria loses N96bn to gas flaring in five months

Oil and gas companies operating in the country flared a total of 108.91 billion standard cubic feet of natural gas in the first five months of the year, causing the country an estimated loss of N95.8bn. The latest data obtained...

August 28, 2017

Green Post

Portugal Books NLNG Cargo For August 26th

REN-operated Sines LNG import terminal in Portugal is to receive a new cargo of the chilled fuel from Nigeria, LNG World News reports. The cargo will be delivered from Nigeria LNG’s Bonny Island liquefaction plant onboard liquefied natural gas carrier LNG Benue...

August 24, 2017

Green Post

Vandals doing harm to economy, NNPC cries out

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has appealed to oil pipeline hackers to desist from such nefarious act which, according to him, is not only harmful to the environment, but equally hazardous to...

August 19, 2017

Green Post

Nnpc Cuts Production Cost To $23/barrel

The Nigerian National Petroleum Corporation (NNPC) said yesterday that the country has saved a minimum of $3billion per annum by cutting the cost of crude oil production from $78 dollars per barrel to $23 per barrel as at August 2015,...

August 17, 2017

Green Post

Cooking Gas Price Drops By 30%

The price of Liquefied Petroleum Gas (LPG), otherwise called cooking gas, has dropped by 30 percent from N400 per kilogram (kg) in May to N280 per kg currently. According to a market survey carried out by Daily Trust at different...

August 17, 2017

Green Post

How Falana’s Letter to Kachikwu Exposed Nigeria’s Huge Losses in Deep Offshore PSCs

Indications have emerged that a letter written by a human rights activist and Senior Advocate of Nigeria (SAN), Mr. to the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, when he was the Group Managing Director of Nigerian National...

August 14, 2017

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Author: Doowe

Nigeria: Oil Price Hits $54.25 P/B As Opec Predicts High Demand, Market Stability

Nigeria requires $16.5bn to achieve 40bn barrels oil reserves target

Nigeria: NNPC Crashes Petrol, Cooking Gas Prices Nationwide

Total, Greenville, Partner NNPC To Invest In Gas

Nigeria loses N96bn to gas flaring in five months

Portugal Books NLNG Cargo For August 26th

Vandals doing harm to economy, NNPC cries out

Nnpc Cuts Production Cost To $23/barrel

Cooking Gas Price Drops By 30%

How Falana’s Letter to Kachikwu Exposed Nigeria’s Huge Losses in Deep Offshore PSCs

The Great Fuel Switch: How 24 Nigerian States are Defying the Global $150 Oil Threat

The Egyptian Move: Why the “CNG Giants” Are Betting Big on Nigeria

The Global LPG Shortage: Why the World is Desperate for Nigerian Gas

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