China hires top investment banks to advise on pipeline asset transfers…
Top Chinese energy firms have mandated investment banks Morgan Stanley and Goldman Sachs to act as advisers for multi-billion dollar deals transferring oil and gas pipeline assets…
NNPC increases gas supply as pipeline vandalism rises
There is going to be an increase of 19.14 percent in the average daily natural gas supply to power plants, the Nigerian National Petroleum Corporation (NNPC) has announced.
Shell weighs selling its 240,000-bpd refinery
Shell’s spokesman Curtis Smith told Reuters that the oil giant is considering selling its 240,000-barrels-per-day refinery in Convent, Louisiana, as part of a broader strategy to reshape its refining portfolio, but the company has not announced yet.
Nigeria, others slash crude output to 30-year low
S&P Global Platts calculations reveal that Nigeria and other members of the Organisation of Petroleum Exporting Countries(OPEC) slashed their combined crude output in June to a three-decade low.
Over 600 companies bid for 57 marginal oilfields – DPR
The Department of Petroleum Resources (DPR) says over 600 companies have applied to be prequalified for the ongoing bid rounds of 57 marginal oilfields in the country.
Mammoet completes Dangote Refinery heavy lifting project
Mammoet, a global leader in engineered heavy lifting and transport, has completed a heavy lifting and transport project for Dangote Petroleum Refinery.
Nigeria
NNPC ramps up gas supply by 19%, remits N219bn to FAAC in April
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it increased gas supply to power plants by…
International
China hires top investment banks to advise on…
Top Chinese energy firms have mandated investment banks Morgan Stanley and Goldman Sachs to act as…
Downstream
NNPC earns N192.4bn from petrol, kerosene, diesel…
In its latest monthly financial and operations report for March 2020, the Nigerian National…
Midstream
Denmark permits Nord Stream 2 to restart pipeline…
Denmark on Monday gave Nord Stream 2 permission to use pipe-laying vessels with anchors to complete…
Upstream
Shell weighs selling its 240,000-bpd refinery
Shell’s spokesman Curtis Smith told Reuters that the oil giant is considering selling its…
Oil Tips
How oil and gas industry helps fight coronavirus
The oil and gas industry is facing a downturn exacerbated by the COVID-19 coronavirus pandemic, but companies in…