OPEC+ agrees to redistribute oil cuts
OPEC+ will change its output target and redistribute supply cuts among its members under pressure from Saudi Arabia, which has long overtaken the burden.
Nigeria improves production in line with OPEC+ as global interest increases
As negotiated with OPEC+, Nigeria seems to be fully committed to fulfilling its quota. Nigeria's compliance has increased since August, according to the country's minister of petroleum policy.
The first phase of the 100MW project is initiated in South Sudan
South Sudan has launched the first phase of a 100MW power plant that is expected to supply electricity to some parts of South Sudan. The President of South Sudan, Salva Kiir performed the inauguration ceremony and said that the power plant will help the country recover from its conflict that has lasted for five years.
Shell wins PETAN’s industry achievements award
Shell companies on Friday won the achievement award at the 2019 awards night of the Petroleum Technology Association of Nigeria (PETAN), the organization in charge of indigenous technical oilfield service companies in the upstream and downstream sectors of the Nigerian oil and gas industry.
DPR guarantees availability of products during the festive season
The Department of Petroleum Resource (DPR) has assured Nigerians of an adequate supply of products across the country before, during and after the festive season.
Rural electrification agency trains 180 women on renewable energy
The Managing Director of the Rural Electrification Agency (REA), Damilola Ogunbiyi disclosed that the Agency is training 180 female students across 37 Federal Universities and 7 University Teaching Hospitals in Nigeria.
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Nigeria
Gongola Basin Oil Find will boost job creation – Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari has outlined…
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International
Asking prices for Angolan crude oil drop but demand…
High price expectations from Angolan crude oil sellers seemed to cool down somewhat as some January…
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Downstream
Total and Gigajoule sign an importation deal with…
The French oil and gas company Total and the South African Gigajoules group signed an agreement in…
Midstream
NNPC set to resolve Ijegun-Egba infrastructural…
Residents of the Ijegun-Egba axis of Lagos state are set to be relieved of the infrastructural…
Upstream
Petronas names its second FLNG unit
Malaysian oil company Petronas at a ceremony named its second Floating LNG unit “The PFLNG DUA”, the…
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Oil Tips
About OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) is an international and intergovernmental Organization…
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