NCDMB boss urges IOCs to patronize Vowgas’ fabrication business

The Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Kesiye Wabote, has declared that the modern fabrication yard complex recently...

Nigerian crude offered from S-African storage as Total wins BPCL tender

A cargo of Nigerian crude was offered from storage in South Africa, traders said on Wednesday, reflecting the Brent market's move into a structure...

Portugal books NLNG cargo for August 26th

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...

NSC to collaborate with NNPC, NEXIM Bank, others on truck park

The Nigerian Shippers Council (NSC) said it is collaborating with the Nigerian National Petroleum Corporation (NNPC), NEXIM Bank and other investors to build a...

NNPC, Presidential Committee to collaborate against oil theft on waterways

Nigerian National Petroleum Corporation (NNPC) has pledged support to the Presidential Committee on Harmonised Standard Operating Procedures on Arrest, Detention and Prosecution of Vessels...

Onne Free Zone to get low cost embedded power

Investors in the Onne Free Zone will enjoy a major relief as the regulatory agency of the zone, the Oil and Gas Free Zones...

Nigeria’s market shrinks as S. Korea joins India in buying first US crude

Refiners in South Korea, the world’s fifth crude oil importer, have joined India to diversify their crude sources in what potentially could impact on...

Uruguay, Brazil pick up Nigerian crude but arbitrage remains in question

Strong refinery margins kept demand elevated, enabling several more Nigerian cargoes to trade. But gains in dated Brent were closing off some arbitrage routes...

Nigerian LNG cargo to arrive Portugal on August 18th

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...

Bumi permits oil flow from Oyo field into FPSO tanks despite Erin debts

Bumi Armada Berhad’s (“Bumi Armada” or “the Company”) announcement dated 21 June 2017 on the above matter refers. Despite numerous discussions with Erin Petroleum Nigeria...

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