Nigeria’s banner oil hits $12, millions of barrels remain unsold
The real oil market is killing Nigeria.
The real oil market is killing Nigeria.
Nigeria is in the process of shifting its refining model away from Nigerian National Petroleum Corp. (NNPC) ownership, bringing in private ownership similar to that seen at Nigeria LNG (NLNG).
While the big goal of tackling its sclerotic oil industry is still languishing, Nigeria has been racking up progress in its gas sector.
An explosion involving a Nigerian National Petroleum Corp. (NNPC) pipeline in Lagos State has led to the deaths of at least 15 people.
An explosion in a Lagos neighbourhood has been extinguished, but it has left five dead, according to local reports.
Nigeria LNG (NLNG) has taken the final investment decision (FID) on Train 7, the long-awaited expansion project that will take the project’s capacity to 30 million tonnes per year.
KBR has won project management consultancy (PMC) services on the front-end engineering design (FEED) work for a proposed condensate refinery plan in Nigeria.
Nigeria LNG (NLNG) has signed gas supply agreements (GSAs) to supply three of its existing trains – plus the seventh, which is yet to reach a final investment decision (FID).
The Gas Exporting Countries Forum (GECF) has wrapped up in Malabo, bringing to a close a global discussion on the use and development of gas.
Nigeria is set to make a fresh push into rehabilitating its poorly performing refineries, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari said on the weekend.