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The plan by the Nigerian National Petroleum Corporation to grow the nation’s crude oil reserves to 40 billion barrels by the year 2020 received a major boost on Thursday with the execution of a tripartite agreement in Abuja. The agreement...

Nigeria looking to gas as oil reserves set to dry up in 25yrs – Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on behalf of President Muhammadu Buhari declared on Wednesday that Nigeria’s oil reserve have been estimated to dry up in the next 25 to 30 years at most, Tribune reports. To this...

Shell Lifts Force Majeure Raising Nigeria’s Crude Output by 226,000bpd

NNPC signs $700m oil exploration agreement with Schlumberger, First E&P Ejiofor Alike in Lagos and Chineme Okafor in Abuja with agency report Nigeria’s crude oil output is expected to rise by 226,000 barrels per day, as the Shell Petroleum Development...

Nigeria to hit 40b barrels oil reserve by 2020

The plan by the Nigerian National Petroleum Corporation to grow the nation’s crude oil reserves to 40 billion barrels by the year 2020 received a major boost on Thursday with the execution of a tripartite agreement in Abuja. The agreement...

Excess crude supply may affect Nigeria’s output

Nigeria’s oil production and 2017 budget implementation could be hampered by the lull in global oil market, as crude price dropped to around $40 per barrel. Global benchmark crude, Brent, has remained below $47 per barrel this week, while OPEC...

Suspected Militant: Why We Blew up Agip Oil Pipeline in Bayelsa

A suspected Niger Delta militant, Suoyo Dickson, aka, Hustler, thursday in Yenagoa, Bayelsa State, narrated why he, along with his gang, blew up an oil pipeline belonging to Nigeria Agip Oil Company (NAOC). Dickson, who was paraded by operatives of...

PIGB: Pan Ocean Oil Corporation Utilizing Flared Gas for Cooking in Nigeri

As Nigeria contends with its myriad of challenges as a developing nation, a critical sector that has been addressed by the National Assembly is the Petroleum Industry, which is the main source of the country’s revenue. The nation is endowed...

Nigeria’s gas exports over 70% despite domestic shortages

As the country continues to suffer gas shortage for power plants and household cooking, industry stakeholders have raised concerns about the continued export of over 70 per cent of commercialized natural gas, The Punch reports. The nation’s natural gas is...

Nigeria’s Crude Oil Exports to Surpass One-year High in August

Nigeria’s crude oil exports are set to surpass two million barrels per day (bpd) in August, the highest in 17 months, as the country’s oil and gas industry nears a full recovery from attacks by the Niger Delta militants that...

WAPCo seeks new gas supply from Lagos oil field

The West Africa Pipeline Company Limited has said it is looking to capture new gas supply from Nigeria, with a focus on the Aje field offshore Lagos, as part of its key interventions to reposition the company for the dynamic...

June 23, 2017

Nigeria inches closer to 40 billion barrels oil reserve target

Nigeria looking to gas as oil reserves set to dry up in 25yrs – Kachikwu

Shell Lifts Force Majeure Raising Nigeria’s Crude Output by 226,000bpd

Nigeria to hit 40b barrels oil reserve by 2020

Excess crude supply may affect Nigeria’s output

Suspected Militant: Why We Blew up Agip Oil Pipeline in Bayelsa

PIGB: Pan Ocean Oil Corporation Utilizing Flared Gas for Cooking in Nigeri

Nigeria’s gas exports over 70% despite domestic shortages

Nigeria’s Crude Oil Exports to Surpass One-year High in August

WAPCo seeks new gas supply from Lagos oil field

GAS SUPPLY CRISIS IN NIGERIA MAY CAUSE WORKERS’ DISMISSAL.

THE NNPC AND ITS POSSIBLE IMPACT ON NIGERIAN ENERGY.

THE THRIVING LAGOS FUEL SCARCITY DILEMMA

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