SNEPCo’s Bonga Vessel Attains 800 MMBBL Crude Oil Production
The Bonga Vessel, SNEPCo’s FPSO platform at the Bonga Field has attained 800 million barrels of crude oil production in 13 years years The Punch reports. According to SNEPCo’s Managing …
IMF predicts Nigerian economy to grow at 1.9% in 2018
The International Monetary Fund (IMF) has predicted that Nigerian economy would grow by 1.9% in 2018 thanks to less disruption of oil production and export. This was revealed by Amine …
NNPC Earns $470m from Crude Oil, Gas Export in August
The Nigerian National Petroleum Corporation (NNPC) has said that crude oil and gas export sale by the corporation in August 2018 was $470million, indicating an upsurge of about $78million in …
Gas production Leaps in July 2018
Its good news for Nigeria as Gas production leaps in July 2018. A total of 230.35Billion Cubic Feet (BCF) of natural gas was produced in Nigeria in July 2018, averaging …
NNPC To Begin Oil Exploration Along Gongola Basin – Baru
Nigeria is making another giant stride in its quest for more crude oil production. To this end, the Nigerian National Petroleum Company (NNPC) on Friday said that oil exploration along …
NNPC Says Crude Oil Sales Automation Almost Ready
The Nigerian National Petroleum Corporation NNPC says the automation of crude oil sales by the corporation may become a reality by the last quarter of 2018. This is contained in …
Crude Oil Swap: Taleveras Paying up Outstanding Debt
The Chief Operating Officer, Gas & Power , Nigeria National Petroleum Corporation, Saidu Mohammed, has said that Taleveras Oil & Gas Limited kept its pledge and obligation to settle its …
Turnaround Maintenance: Shell Reopens Bonga Oilfield
Good news as Shell Nigeria Exploration and Production Company Limited (SNEPCo) has reopened the 225,000 barrel-per-day capacity Bonga oilfield after a turnaround maintenance which lasted for over one month. The …
Pipeline Explosion: Industrial Gas Supply Resumes Soon
The Managing Director of the Nigeria Liquefied Natural Gas Limited, Mr. Tony Atah has said that the company will commence industrial gas supply within the next few days, The Guardian …
Falling Oil Prices: Nigeria’s Earnings May Suffer
Just as Nigeria is beginning to count her gains on steady crude oil production as well as increased foreign exchange earnings, the current uncertainties surrounding the crude oil market may …