Sirius Petroleum in talks with BP over Ororo field financing

Sirius Petroleum (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, notes the recent press speculation and...

Siemens introduces new technology solutions for Nigerian oil and gas sector

The Vice-President, Oil and Gas, North America and Africa, Siemens Energy Incorporated, Mr. Patrice Laporte, while speaking at the Siemens Solutions for Oil and...

Seplat reinstates production at OMLs 4, 38 and 41 to 75,000 bopd and 290...

Seplat Petroleum Development Company Plc ("Seplat" or the "Company"), a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange...

Forcados force majeure lifted in fresh blow to OPEC cuts

Royal Dutch Shell Plc lifted restrictions on exports of a key Nigerian crude oil, 472 days after imposing them following militant attacks. The extra...

Shell JV oil blocks, nine divested blocks to expire in 2019 – Ajumogobia

A former Minister of State for Petroleum, Mr. Odein Ajumogobia has stated that all the onshore oil blocks belonging to the Shell Petroleum Development...

NPDC loses N260bn as production falls by 70%

The oil production subsidiary of the Nigerian National Petroleum Corporation, the Nigerian Petroleum Development Company, has been recording steady monthly losses arising from its...

Too early for output caps on Libya, Nigeria – Barkindo

OPEC Secretary-General Mohammad Barkindo said on Thursday at an economic forum in Russia's St Petersburg that it was too early for output caps on...

Lekoil receives first crude payment, production ramp-up ongoing

LEKOIL (AIM: LEK), the oil and gas exploration, development and production company with a focus on Africa, is pleased to announce that it has...

OPEC oil output rises in May as Nigeria, Libya pump more

OPEC oil output rose in May, the first monthly increase this year, a Reuters survey found on Wednesday, as higher supply from two OPEC...

Shell commences ‘skeletal’ loading of crude oil from TFP

After months of repairs, Shell Petroleum Development Company (SPDC) has restarted the Trans-Forcados crude export pipeline with the completion of the loading of the...

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