Rivers, Oando set to complete expansion of gas distribution network

The Rivers State government and Nigeria’s leading indigenous energy company, Oando PLC, are closing in on the completion of an 8.5 kilometres expansion of...

NNPC’s Duke Oil to handle 80% of oil sales; to also bear costs, risks

The Nigerian National Petroleum Corp (NNPC) intends to handle up to 80% of the country's crude oil lifting contracts via its trading arm in...

Spot deals slow as Nigeria crude loadings for November compete with storage

Spot trading was limited on Wednesday as fresh loadings competed with offers from storage and leftovers from the October loading plan. Traders said differentials...

Stakeholders seek effective legislation for development of Nigeria’s gas sector

Operators in the Nigerian oil and gas sector at the opening session of a three-day Nigeria Gas Summit 2017, which started yesterday in Lagos,...

West African Gas Pipeline’s unmet regional gas demand hits 700mmscf/d

The West African Gas Pipeline Company (WAGP) needs about 700 million standard cubic feet per day (mmscf/d) to meet regional demand which cuts across...

Ghana inks another LNG deal with Gazprom as it seeks to reduce reliance on...

In further efforts to see Ghana wean itself off gas supply from Nigeria via the West African Gas Pipeline, the Ghana National Petroleum Corporation's...

Oil traders begin emptying key crude storage hub

Oil traders are emptying one of the world’s largest crude storage facilities, located near the southernmost tip of Africa, as the physical market tightens...

UK, China, Togo increase oil imports from Nigeria in May

According to an import destination report of the Nigerian National Petroleum Corporation (NNPC), the United Kingdom (U.K.), China, and Togo, increased their importation of...

Nigeria risks revenue, production cuts from new force majeure on NCTL

The volume of crude oil produced and sold daily by Nigeria could take a fresh cut from the shutdown of a critical oil line...

Baker Hughes, a GE company awarded APM software contract by NLNG

Baker Hughes, a GE company (NYSE: BHGE) has signed an agreement for the provision of Asset Performance Management (APM) software and services for LNG...

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