Wednesday 24 May, 2017
Edition: Nigeria
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Category Archives: Oil & Gas

May 23, 2017 OPEC may ask Libya and Nigeria to cut production at the Organization of Petroleum Exporting Countries’ (OPEC) meeting in Vienna on the 25th, when the bloc is expected to review the terms of the November agreement to cut...

By Joseph Okafor on May 23rd, 2017

Mon Apr 10, 2017 12:41pm GMT ABUJA, April 10 – Nigeria’s Mosimi oil depot has resumed loading after almost a year, when a major pipeline was vandalised last May, the state oil company said on Monday. The resumption of loading...

By Joseph Okafor on Apr 10th, 2017

By Okafor Joseph |Lensng.com|April 10,2017 | 6:32 PM According to , unnamed sources   Production from Sharara, Libya’s biggest oil field, has stopped again. The sources said the pipeline that carries crude from Sharara to the Zawiya...

By Joseph Okafor on Apr 10th, 2017

By Okafor Joseph 10th April, 2017 (Lensng) – According to  Report ,The Arab countries  now produces 15.5 percent of the world gas production, an increase of 11.8 percent from the year 1980’s levels, based o the Report from the...

By Joseph Okafor on Apr 10th, 2017

10th April, 2017 (Lensng) — Kuwait Petroleum International (KPI) and the Oman Oil Company (OOC) on Monday signed a partnership agreement for cooperation in the development of Duqm Refinery and Petrochemical Complex in the Duqm Special...

By Joseph Okafor on Apr 10th, 2017

Apr 10, 2017, 10:44 AM Hedge fund manager Elliott Advisors, which holds around 4.1 percent of BHP Billiton Plc, is proposing a plan to increase capital returns to shareholders, which includes demerging the mining and commodity giant’s...

By Joseph Okafor on Apr 10th, 2017

|By Okafor Joseph|Lensng.com|April 5, 2017| 7:20 AM The new British Deputy High Commissioner for Lagos, Laure Beaufils, has given the assurance of a possible collaboration that will bring new investment into Nigeria’s oil and gas sector. Beaufils,...

By Joseph Okafor on Apr 5th, 2017

 |By Okafor Joseph|Lensng.com|April 5, 2017| 7:20 AM   Oil companies in Nigeria have concluded plans to increase oil production by 60 per cent at end 2018. This is expected to increase their collective output from the current 313, 602...

By Joseph Okafor on Apr 5th, 2017

Tue Apr 4, 2017 6:48pm GM ONDON, April 4 (Reuters) – Angolan cargoes were offered steady on Tuesday although buying interest for heavier grades remained lacklustre, suggesting levels may need to drop further. ANGOLA * State oil...

By Joseph Okafor on Apr 4th, 2017

 March 31 – The Nigerian subsidiary of Royal Dutch Shell Plc said it had shut down the Nembe Creek Trunk Line, which exports Bonny Light crude oil, in order to remove theft points. The managing director of Shell Petroleum Development...

By Joseph Okafor on Mar 31st, 2017