U.K. oil & gas industry sees a drop in its deal activity
For the second quarter of 2019, the United Kingdom has announced a total of 31 deals worth $6.64bn compared to the last four-quarter average of 41 deals.
According to Offshore…
Nigeria’s oil industry must not die – Okoroafor
The Chairman of the Petroleum Technology Association of Nigeria (PETAN), Bank-Anthony Okoroafor, has called on the stakeholders in the Nigerian oil industry to strive to keep the industry alive.
Okoroafor who conveyed this in an article, published in dailies, inspired by the new Group Managing Director (GMD) of the Nigerian National…
Nigeria’s oil refining to reach 900,000bpd in the next 10 years- Kachikwu
Former Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has expressed hope that if there is no distortion in plans and policies, Nigeria will be refining at least 900,000 barrels of oil per day in the next 10 years.
DPR to clamp down on operators not reporting production data
The Department of Petroleum Resources has said that it will sanction erring operators in the oil and gas industry who fail to report their operations into the National Production Monitoring System (NPMS).
NPMS is a web-based oil and gas production accounting and monitoring platform established by the federal government in 2016 for proper…
India requests more crude oil from Nigeria
Following the visit of the Indian High Commissioner to Nigeria, His Excellency Abhay Thakur, the government of India has requested that the corporation increases crude oil supplied to the country, especially in view of increasing energy needs of India.
The High Commissioner started by commending the management of the NNPC for the recent renewal…
Equinor resumes production at Trestakk field in Norwegian Sea
Equinor has resumed production at the Trestakk subsea field on Haltenbanken in the Norwegian Sea. The field which is tied back to the Åsgard A floating production vessel has an estimated recoverable resource of 76 million barrels of oil.
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Stock Watch
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Nigeria
Oil theft costs Nigeria $25bn yearly – Amaechi
Former Minister of Transportation, Mr. Rotimi Amaechi, has lamented the high level of loss Nigeria incurs yearly as…
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International
AGM Petroleum makes oil discovery offshore Ghana
AGM Petroleum, an oil and gas exploration company has discovered oil at Ghana's South Deepwater Tano…
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Downstream
Average price of kerosene increased in June- NBS
The National Bureau Statistics, NBS has disclosed that the average price per litre paid by consumers…
Midstream
Nigeria’s refineries combined produce at less than…
Despite several billion dollars invested by the government in the four Nigerian refineries, they…
Upstream
PT Pertamina plans to boost Algeria’s oil production…
Indonesian public oil company, PT Pertamina has revealed its growth plan for Algeria stating that it…
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Oil Tips
Things to know about the Global Liquefied Natural Gas (LNG) Market
On Oil Tip today, we will be sharing Jude Clemente’s published post on Forbes. He has published a list of important…
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WHAT TO WATCH
Videos
By The Oil Bloc
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12
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1
OIL AND GAS PRODUCTION
02:23
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2
How Its Made - Crude Oil
04:55
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3
About Pipelines: Pipeline Design
04:59
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4
Roughnecks at Work in HD - Drilling Rig Pipe Connection
04:47
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5
How Nigeria can end fuel importation in 2019 — Petroleum Minister
02:22
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6
How To Use The New Gas Valve
04:02
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7
Dangote Refinery took The delivery of this distillation component one of the biggest in the world
02:27
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8
See an oil rig in action
02:51
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9
How oil rigs are built
10:25
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10
The Largest Oil Rig in The World
19:43
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11
An Overview of the Refining Process
04:26
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12
Top 🔟 Biggest Oil Refineries in the World 🏭
02:30