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Category: Oil

March 1, 2017Oil, Oil & Gas News, Petroleum Products

Importation of Refined Petroleum Products is Shameful – Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has described the continued importation of refined petroleum products into Nigeria, one […]

March 1, 2017Oil, Oil & Gas News, Petroleum Products

Nigeria Targets 3m Barrels Per Day In 5 Years – Dr. Kachikwu

It’s good news at the ongoing Oil and Gas Conference holding in Abuja as the Minister of State for Petroleum Resources, Dr. […]

February 28, 2017Oil, Oil & Gas News, Petroleum Products

Nigeria’s Crude Oil Production Rises to 2.1m Barrels Per Day

The Nigerian National Petroleum Corporation said on Tuesday that Nigeria’s Crude oil production has risen to 2.1m barrels per day thanks to […]

February 28, 2017Oil, Oil & Gas News

Nigeria Survived Worst Energy Cycle in Recent Memory – OPEC

Secretary-General of the Organisation of Petroleum Exporting Countries, Mr. Mohammed Barkindo has expressed amazement at how Nigeria survived the oil price crash […]

February 21, 2017Oil, Oil & Gas News, Petroleum Products

NNPC Imports Almost Eleven Billion Litres of Fuel in 2016

The Nigerian National Petroleum Corporation  (NNPC) has said in its monthly report that the corporation imported a total of 10,773,726,472.84 litres of […]

February 16, 2017Oil, Oil & Gas News, Petroleum Products

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. […]

February 16, 2017Oil, Oil & Gas News

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 […]

February 15, 2017Oil, Oil & Gas News

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 […]

February 15, 2017Oil, Oil & Gas News

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 […]

February 14, 2017Oil, Oil & Gas News

Niger Delta Gets $1B from Shell for Development

The turbulent Niger Delta region may soon begin to witness long lasting peace if the fruitful dialogue the Acting President, Prof Yemi […]

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