Another Nigerian LNG Cargo Heads for Portugal

Another Nigerian LNG cargo heads for Portugal

A cargo of Liquefied Natural Gas has left Nigeria’s Bonny Export Plant for REN’s Sines LNG import terminal on Portugal’s Atlantic coast. The Nigerian LNG cargo’s expected time of arrival at the port is next week, LNG World News reports. The cargo is being hauled by the 145,842-cbm LNG Oyo that loaded at Nigeria’s Bonny export … Read more

Terrorists Attacks: Nigerian Economy Lost Up To $100 Billion In 2016

Terrorists Attacks: Nigerian Economy Lost Up To $100 Billion In 2016

Attacks on Nigerian major oil facilities by the Niger Delta Avengers mid 2016 has come and gone but its effects might remain for some time. As a result of the attacks, Nigerian economy lost up to $100b in potential revenue according to Dr. Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources. Crude oil production … Read more

Good News: Steady Growth in Gas Production

Good News: Steady Growth in Gas Production

Gas production in Nigeria seems to be on the increase thanks to reduction in vandalism that has plagued the oil facilities in the country for some time Punch reports. The steady growth in gas production was restored after the federal government began to engage the Niger Delta militants in dialogues after several hostilities Reports from … Read more

Angola Toppled Nigeria in Crude Oil Production

Angola Toppled Nigeria in Crude Oil Production

The organization of Petroleum Exporting countries (OPEC) has revealed that Angola toppled Nigeria as the continent’s leading crude oil producer despite the steady growth the country is enjoying in her crude oil production Leadership reports. According to Leadership, this is the third time Angola will be replacing Nigeria at the top position. The current slide … Read more

Crude Oil Supply to Kaduna Refinery: Nigeria Signs MoU With Niger Republic

Crude Oil Supply to Kaduna Refinery: Nigeria Signs MoU With Niger Republic

The Nigeria National Petroleum Corporation is doing everything within its power to ensure steady supply of crude oil to Kaduna Refining and Petrol Chemical Company (KRPC). This according to NNPC officials have necessitated the federal government joint venture agreement with Niger Republic to run pipeline that will facilitate crude oil supply to Kaduna refinery. It … Read more

Nigeria’s Crude Oil Production Steadily Growing

Crude Oil Production Rises... Bonga deepwater Oil Exploration Along Gongola Basin

Hope is beginning to rise as Nigeria’s crude oil production is now steadily trending upward thanks to the meaningful dialogue currently going on between the federal government and the stakeholders in the Niger Delta region, Thisday reports. According to the report, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, reiterated that through a … Read more