Oil & Gas - Page 42

Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

Dangote Refinery Set To Export 2 Fuel Cargoes

The Dangote Petroleum Refinery has initiated tenders to sell two fuel cargoes for export, marking a pivotal moment in Nigeria’s energy sector. Speaking on the matter, industry insiders revealed that the refinery,

Emmanuel Ochayi

February 15, 2024

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Business·Oil & Gas

How Nigeria’s Crude Oil Production Slips To 1.419mbpd – OPEC

Nigeria experienced a slight dip in its crude oil production, falling to 1.42 million barrels per day (mbpd), as reported by the Organisation of Petroleum Exporting Countries (OPEC) for January 2024.

Emmanuel Ochayi

February 15, 2024

NNPC: Oil Production To Increase To 1.7mbpd Amid Infrastructure Challenges

Business·Oil & Gas

Nigeria’s Oil Output Surges To 1.4 million Bpd, Fueling Economic Optimism

Amidst a global surge in crude oil prices, Nigeria’s oil production witnessed an upswing, reaching 1,426,574 barrels per day in January 2024. This is shown in data obtained from the Nigerian Upstream

Victor Ezeja

February 14, 2024

Business·News·Oil & Gas

Nigeria’s Power Minister Advocates Naira Payments For Gas

In a bid to address the persistent challenges plaguing Nigeria’s power sector, Minister of Power, Adebayo Adelabu, has unveiled a proposal to mandate domestic gas payments in naira. This initiative aims to

Emmanuel Ochayi

February 10, 2024

Oil & Gas

Shell Nigeria Seeks NCDMB’s Support For Its Oil, Gas Projects

The leadership of Shell Companies in Nigeria on Wednesday sought the support of the Nigerian Content Development and Monitoring Board (NCDMB) to achieve accelerated development of three major oil and gas projects

Admin

February 8, 2024

News·Oil & Gas

NNPCL, TotalEnergies Celebrate As Production Begins On Akpo West Oil Field

NNPCL and TotalEnergies have announced the successful commencement of oil production from the Akpo West Field located 135 kilometres off the coast on Petroleum Mining Licence (PML) 2.

Victor Ezeja

February 8, 2024

Business·Oil & Gas

How Delay Of Govt Approval Hinders Dangote Refinery Fuel Release

The much-anticipated release of aviation fuel (Jet A1) and diesel from the Dangote Petrochemical Refinery into the Nigerian market has hit a regulatory snag, delaying the commencement of sales.

Emmanuel Ochayi

February 8, 2024

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·Oil & Gas

Why Global Oil Market Needs $14trn Investment – OPEC

In a paradigm-shifting address at India Energy Week, OPEC’s Secretary General Haitham al-Ghais illuminated the pressing need for $14 trillion investment in the global oil market over the next two decades. His

Victor Ezeja

February 7, 2024

Vessels Discharge Hitches Causing Fuel Scarcity – NNPC

Business·News·Oil & Gas

Fuel Scarcity: NNPCL Explains Lagos Fuel Queues As “Brief Distribution Issue”

Long queues at filling stations in Lagos State have sparked concerns among residents, leading to speculation about a potential fuel scarcity. However, the Nigerian National Petroleum Company Limited (NNPCL) has moved to

Emmanuel Ochayi

February 6, 2024

Oil & Gas·World News

U.S. Shale Oil Boom Faces Uncertain Future As Global Dynamics Shift

In the aftermath of the Red Sea crisis and Saudi Arabia halting oil production expansion, questions arise about the sustainability of the U.S. shale oil boom. Last year’s unexpected production surge, fueled

Emmanuel Ochayi

February 5, 2024

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Oil & Gas - Page 42

Dangote Refinery Set To Export 2 Fuel Cargoes

How Nigeria’s Crude Oil Production Slips To 1.419mbpd – OPEC

Nigeria’s Oil Output Surges To 1.4 million Bpd, Fueling Economic Optimism

Nigeria’s Power Minister Advocates Naira Payments For Gas

Shell Nigeria Seeks NCDMB’s Support For Its Oil, Gas Projects

NNPCL, TotalEnergies Celebrate As Production Begins On Akpo West Oil Field

How Delay Of Govt Approval Hinders Dangote Refinery Fuel Release

Why Global Oil Market Needs $14trn Investment – OPEC

Fuel Scarcity: NNPCL Explains Lagos Fuel Queues As “Brief Distribution Issue”

U.S. Shale Oil Boom Faces Uncertain Future As Global Dynamics Shift

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