Pertamina buys Bonny Light, re-issues November tender

PT Pertamina, Indonesia’s state-run oil company, bought 950,000 barrels of Nigeria’s Bonny Light crude for November delivery to its Cilacap refinery, according to a...

BP sells Forties at 3-month low ; Nigeria boosts Qua oil exports

BP Plc (BP/) sold North Sea Forties crude at a discount to Dated Brent, the lowest level since June 19. Socar Trading SA offered...

Bids on Chevron’s Nigeria oil blocks due next week

U.S - based Chevron Corp (CVX.N) will receive bids on September 30 from prospective buyers of three oil blocks in the Niger Delta, with several...

NNPC claims 400,000 b/d oil output restored

The NNPC on Sunday said a daily production of 400,000 barrels per day had been restored to the crude oil output available for export...

SPDC declares force majeure on 150,000bpd, gas supply to NLNG

The Shell Petroleum Development Company of Nigeria Limited (SPDC) operated Joint Venture last night, said it had declared force majeure on export of 150,000...

Theft-plagued Nigeria pipeline shuts again – Shell

Royal Dutch Shell (RDSa.L) has closed a key oil pipeline due to oil theft less than a week after it announced it had reopened,...

Nigeria is Africa’s busiest drilling site

Nigeria’s rig count of 43 in August 2013 accounts for more than a third of Africa’s total rig count of 125 for the month. Of...

U.S. increases crude import from OPEC by 227 tbpd

There appears to be hope for Nigeria’s crude oil export, as the United States increased importation of the product from the Organisation of Petroleum...

Sahara Energy spuds Oki-BA

Sahara Energy has spud Oki-BA appraisal/development well in Nigeria’s Oil Prospecting Lease (OPL) 274, with the Chinese land rig HCN 187. It’s the first...

Ecobank says Nigerian oil companies to boost share of output

Nigerian-owned oil companies are boosting their share of the country’s output by taking up fields in restive areas as international energy companies retreat, Ecobank...

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