Oil production drops by 150,000 barrels, as Shell shuts Trans Niger Pipeline

Nigeria faces a serious credit crunch in the months ahead as crude oil production has dropped further by 150,000 barrels per day due to...

FEC approves N420bn contract for development of Onne Port

The Federal Executive Council (FEC) has approved a 2.8 billion dollars (about N420 billion) contract for the development of the Onne Oil and Gas...

FG refuses bailout for marginal fields operators

The Federal Government has ruled out any intervention in form of provision of bailout funds for marginal oil fields operators in Nigeria. Speaking at the...

Pirates attack oil vessel, abduct 4 Indians, Polish crew members

Pirates in speedboats attacked an oil supply vessel and kidnapped four Indians and Polish crew members in the Niger Delta, last week, two security...

Afren Plc hits 42,000 bpd, boosts nation’s production capacity

Afren, a major oil and gas producing firm in Nigeria has realised a daily production of 42,000 barrels per day, bpd. The Chairman, Mr. Egbert...

Execute LNG projects quickly, says expert

Senior Business Strategy and Performance Analyst, Nigeria Liquefied and Natural Gas (NLNG), Ezekiel Adesina, has stressed the need to expedite action on the implementation...

WorleyParsons shares rise on Nigerian oil deal

Shares in mining engineer WorleyParsons are up three per cent after a South Korean shipbuilding giant awarded it a $US100 million ($A105.97 million) offshore...

NLNG Sues NIMASA over disputed levies

The Nigeria Liquefied Natural Gas (LNG) Limited (NLNG) Tuesday dragged the Nigerian Maritime Administration and Safety Agency (NIMASA) to a Federal High Court in...

Committee will submit PIB report by July 11 —Tambuwal

The Speaker of the House of Representatives, Aminu Tambuwal, said on Tuesday the House Committee on the Petroleum Industry Bill would submit its report...

Clarke Energy to harness flared gas for power in Nigeria

The quest by the Federal Government to end gas flaring would soon yield better results, as Clarke Energy, said it has employed containerised gas...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...