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Oil & Gas
Nigeria boosts Qua Iboe oil exports November
Nigeria plans to increase November exports of Qua Iboe crude to 11 cargoes, two more than in October, according to…
Mantrac holds power gas seminar
Mantrac Nigeria Ltd, the sole authorised dealer of Caterpillar products in Nigeria, is organising a Power Gas…
Lekoil makes payment towards OML 113 acquisition
Lekoil said it had made a payment toward its acquisition of a stake in Nigeria’s Oil Mining Lease (OML) 113. The…
Rising crude oil supply from Nigeria, Libya pressures…
Nigeria’s oil and gas industry may be disrobing itself of the garb of stagnancy and lethargy which it had assumed…
India poised to get LNG spot cargo from Nigeria at Dahej…
India, Asia’s fourth-largest buyer of liquefied natural gas, is set to receive a spot cargo from Nigeria,…
Will Nigeria’s share increase as Europe’s gas demand…
Europe’s gas demand is expected to rise by around 20 percent to 580 billion cubic meters (bcm) per year in the next…
Nigeria’s crude oil output drops by 120,000bpd in August
Crude oil production from Nigeria saw about seven percent decline last month from 1.783 million (m) barrels per day…
Gas supply shortage from Nigeria, others poses risks to…
With African gas exporters including Nigeria, Algeria, Angola and Libya considered to have medium to high political…
Why are IOCs walking away from Nigeria’s oil industry?
While some analysts have argued that the divestment or withdrawal of stakes by international oil companies (IOCs)…
Ending Nigeria’s refining woes: can Dangote do it?
When Aliko Dangote, business mogul and Africa’s richest man, in April disclosed his intention to build a 400,000…
Diamond Bank commits N150bn to oil, gas financing
In line with its commitment to promote the Nigerian Content Policy, Diamond Bank plc has revealed that it had put…
Lekoil to complete Ogo-1 sidetrack well in September
Lekoil Limited, an oil and gas company with a focus on Nigeria and West Africa, has said that drilling of the Ogo-1…