Dangote refinery is increasing gas oil exports to West Africa, taking market share from European refiners, according to traders and shipping data.…
Category:
Oil and Gas
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Oil prices edged higher on Thursday on worries about supply disruption that were stoked by mounting geopolitical tensions in the Middle East…
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Dangote Refinery has said that it is operating normally after a fire at its effluent treatment plant. In a statement it said…
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Oil and Gas
Dangote accuses IOCs of plotting for our Oil Refinery to fail,laments as Regulator continues to grant licences to import banned dirty diesel, jet fuel
Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing…
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Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC / Aiteo Joint Venture on OML 29, has resumed production after…
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Oil and Gas
Airstrikes destroyed 13 illegal oil refining sites, seven boats in Rivers, Imo, Bayelsa—NAF
The Nigerian Air Force (NAF) says the air component of Operation Delta Safe has destroyed 13 illegal refining sites and seven Cotonou…
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Oil and Gas
Chevron, GEPetrol, sign production sharing contracts for Equatorial Guinea blocks as focus shifts to new discoveries
Multinational energy corporation Chevron and Equatorial Guinea’s state-owned oil company GEPetrol have signed two production sharing contracts (PSC) for offshore blocks EG-06 and EG-11…
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Crude oil prices held near a seven-week high on Friday as the market balanced signs of improving U.S. demand and falling oil…
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Chief Executive Officer Nigeria Upstream Regulatory Commission, Gbenga Komolafe has said that Nigeria is expanding the number of oil blocks slated for…
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National Oil Spills Detection and Response Agency, NOSDRA, has confirmed an oil leak incident from the Nembe Oilfields operated by Aiteo Eastern…
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Oil price gains on Tuesday were curbed after players took stock of comments from a Federal Reserve policymaker urging investors to remain…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the extension of the deadline for the registration and submission of pre-qualification documents…
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Seplat Energy is pursuing a swift conclusion to its $1.28 billion acquisition of ExxonMobil’s Nigerian shallow water oil assets, it said on…
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Oil and Gas
OPEC sees no peak oil demand long term as Russia’s oil output exceeded OPEC+ quotas in May
Secretary General of Oil Producing Countries, OPEC, says it does not see a peak in oil demand in its long-term forecast and…
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The Movement for the Survival of Ogoni People, MOSOP, has listed conditions that must be met before the resumption of oil operations…