Diesel Nigeria: Automotive Gas Oil Supplier
…no more empty tanks
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 Director, Bayo Ojulari, the Floating, Production, Storage and Offloading platform has performed optimally and consistently since it started operation in 2005. Under a production sharing … Read more
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 Mati, Mission Chief and Senior Resident Representative for Nigeria of the IMF, Premium Times reports “The recovery is expected to contribute about 0.7 percentage points … Read more
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 relation to July oil and gas export figures of $391.91million. NNPC Monthly Financial and Operations report for August 2018 released Wednesday in Abuja by the … Read more
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 a daily production of 7,678.17Million Standard Cubic Feet (mmscfd), NNPC Monthly Financial and Operations report for July 2018 has stated. This represents an increase of … Read more
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 Gongola Basin will soon be a reality. This disclosure according to The Nation was made by the Group Managing Director of the Company, Dr Maikanti … Read more
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 the corporation’s quarterly magazine publication. The crude oil sales automation is embarked upon by the corporation to ensure transparency in its operations. According to the … Read more
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 commitment to the crude oil swap programme Premium Times reports. Taleveras and two other crude oil marketing companies were accused of under-delivery in respect to … Read more
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 turnaround maintenance was aimed at ensuring that the oilfield produces at its maximum capacity, a feat that has eluded the field for some time. According … Read more
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 reports. According to Mr. Attah, the company has commenced rectification of exploded pipelines so as to make way for smooth resumption of industrial gas supply … Read more
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 spell doom for the country and its fragile economy in no distant time. The current problem has nothing to do with Niger Delta militants but … Read more