Egina FPSO to increase NIMASA’s knowledge base – Peterside

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has said the on-going construction of the multi-billion dollar...

Seized €156m equipment at Onne Port stalls Kaduna’s 245Mw power station

The Senate was, yesterday, told that vital equipment meant for the completion of the 245 Megawatts Kaduna Power Plant have been rotting away in...

Nigerian grades weaken on sweet grade oversupply in Atlantic basin

Buying interest for light sweet Nigerian grades was limited on Tuesday and traders said differentials were falling with the glut of alternative crude grades...

NNPC prioritizes security of onshore, shallow waters assets to maintain oil production

The Nigerian National Petroleum Corporation (NNPC) Wednesday disclosed that it has prioritized security over oil assets located in Nigeria’s onshore and shallow waters, to...

Forcados to load at least two crude oil cargoes in May

Nigeria's Forcados crude is scheduled to load at least two cargoes of 950,000 barrels in May, the first volumes to load at the grade's...

US military, Navy, others conduct operations in Nigerian waters, Gulf of Guinea

The United States military, the Nigerian Navy and other multinational forces across the African continent have begun a military exercise named Obangame Express around...

OGFZA, NEPZA clash over control of LADOL, Snake Island free zones

The Oil and Gas Free Zone Authority (OGFZA) and the Nigeria Export Processing Zones Authority (NEPZA) are currently in a cold war over the...

Portugal books Nigerian LNG cargo for April 21st

REN-operated Sines LNG import terminal in Portugal is to receive a new cargo of the chilled fuel from Nigeria, LNG World News reports. The cargo...

U.S. crude flow to Asia props up tanker market damaged by OPEC cuts

OPEC all but trashed the tanker market with its output cuts. That the damage hasn’t been even worse is thanks in large part to...

MRS Oil commissions ‘Africa’s largest jetty’ for petroleum products

Leading downstream oil company, MRS Oil Nigeria Plc, on Saturday commissioned a berthing terminal – Dantata Jetty, which has capacity to berth vessels of...

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