Dangote’s 650,000 Petroleum refinery has announced the completion of its pilling works, which is described as the largest in the world.
According to the Nigerian National Petroleum Corporation (NNPC), the domestic gas utilization in-country is expected to grow to five billion cubic feet of gas per day from its current 1.7 billion cubic feet of gas per day by 2022.
An indigenous operator, Prudent Energy, and Service Limited have completed the construction of a 6,000-metric tonne liquefied petroleum gas plant in Delta State.
According to reports, Forte Oil Olc is planning to delist its shares from the Nigerian Stock Exchange, NSE, following the takeover offer by Ignite Investments and Commodities Limited to other existing shareholders. Sources have revealed to Financial Vanguard that the proposed takeover bid is to enable it acquire controlling stake in Forte Oil…
Optimum Petroleum and Lekoil have reached a resolution on the appraisal and development program at the Ogo discovery located in OPL 310 block offshore Nigeria. This, is however subjected to receiving an extension of the OPL 310 license from the Ministry of Petroleum Resources for the Block and the companies securing the necessary funding for the…
Eni oil firm has made a remarkably large gas and condensate discovery in the deep parts of the Obiafu-Obrikom fields, in OML61, onshore Niger Delta.
Jet A1, aviation fuel has been called for local refining by Airline operators in order to increase sustainability and operate profitably.
The Nigerian National Petroleum Corporation (NNPC) has increased their pursuit for investments as the body declared plans to surge the gas output for the country to three billion standard cubic feet (scuf) daily.
The Nigerian National Petroleum Corporation has awarded Halliburton a contract to run Drill Stem Tests (DST’s) and tubing conveyed perforation(TCP) on the Kolmani river, in Bauchi as is shows positive results.
The Nigerian National Petroleum Corporation, NNPC has said that strategic partnership and new investments in the upstream petroleum sector are essential for the actualization of the nation’s crude oil reserves and 3 million barrels per day oil production target by 2023.