Upstream

-By Fred Ojeigbe Over 200 days after the Nigerian National Petroleum Corporation (NNPC) began drilling activities at the Kolmani River-II Well, a site near Barambu village in Alkaleri Local Government Area of Bauchi State, the…
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• ‘Nation risks being hugely shortchanged’• How govt should handle it, by stakeholders• Reps move to check crude oil theft Stakeholders, including civil society organisations, have raised the alarm that the country risks being greatly…
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The Nigerian National Petroleum Corporation says the country’s crude oil production is poised for an increased output of 35,000 barrels per day. This is following the resolution of the dispute among Shell Petroleum Development Company,…
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"Hurting these assets means hurting the nation’s revenue, the economy of the states, the health of the people and the environment." The Shell Petroleum Development Company of Nigeria Limited says it loses about 10,000 barrels of crude…
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-By Gideon Osaka Nigeria’s hope of increasing its oil production has received a boost as Eland Oil and Gas PLC, an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, has announced…
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-By Gideon Osaka Nigeria’s rig count in the last three months has remained unchanged at 14 for the month of June, the same number it recorded in May and April, while the Organisation of Petroleum Exporting Countries, OPEC,…
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Aiteo Group is negotiating an alternative financing package that would enable it fund about $5 billion investment to be able to increase its oil production to about 250,000 barrels per day (bpd). This will also grow gas output…
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Nigeria could be producing an obscene amounts of oil and making serious money in the International markets to see it through the downturn in the industry. However, in Nigeria oil production levels is affected by pirates, militants,…
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The Nigerian National Petroleum Corporation says it will resume crude oil search in the Chad basin immediately it gets clearance from security agencies in the country. The Group Managing Director, Dr. Maikanti Baru, made the disclosure…
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Eland Oil & Gas, Nigeria focused upstream oil and natural gas exploration company and its partner state-owned Nigerian Petroleum Development Company (NPDC) are set to start a five-well drilling campaign this month in OML 40 onshore the…
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