NNPCL celebrates 14,000bpd production from Akpo West Field
Nigeria’s condensate output is set to increase by 14,000 barrels per day, bpd, following the coming on stream of Akpo…
Warri Refinery to be ready Q1, says NNPCL
The mechanical completion of the Warri Refining and Petrochemical Company (WRPC) is scheduled for completion in the first quarter of…
NNPCL woos South Korean investors for gas projects
The Nigerian National Petroleum Company Limited (NNPCL) has held talks with a South Korean consortium led by Daewoo E &…
NNPCL privatises pipelines rehabilitation, builds PH Refinery storage
The Nigerian National Petroleum Company Limited (NNPCL) has constructed a 150 million litres storage facility for the Port Harcourt Refining…
PENGASSAN vows to resist sale of Shell’s onshore assets
Crisis is currently brewing over the divestment of Shell Petroleum Development Company Limited’s (SPDC) onshore assets as the Petroleum and…
We’re committed to providing required interventions in oil, gas sector, says Tinubu
President Bola Tinubu, yesterday spoke of his administration’s commitment to continue providing the needed interventions in the oil and gas…
Marketers kick as NNPCL delays fuel supply
Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have berated the Nigerian National Petroleum…
Brent prices inch upwards on demand speculation
Brent crude oil prices are witnessing a moderate rise as the week begins, with the cost per barrel currently near…
Nigeria’s Crude Oil Production Rises to 1.4mbd – OPEC
Nigeria’s crude oil production rose to 1.418mbpd in December 2023, a report by the Organisation of the Petroleum Exporting Countries…
Shell exits Nigeria’s onshore oilfields in $2.4bn deal
In a move signalling a shift away from onshore oil production, energy giant Shell has agreed to sell its Nigerian…