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The Organisation of Petroleum Exporting Countries, OPEC’s April supply dropped to 30.23 million barrels per day (bpd) showing a four-year low. This came as OPEC’s biggest production gain occurred in Nigeria, where Total’s Egina field…
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Fears are rife that Nigeria may not accomplish the much touted stoppage of gas flaring by 2020, which is just seven months away. Sweetcrude gathered that the government has not shown any clear-cut strategy, as there is loose legislative…
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Sunday’s violent pirate attack in which shots were fired and Boskalis’ heavy transportation vessel was hijacked was most likely an act committed by Nigerian pirates. Luckily there were no casualties as the crew locked itself in the citadel…
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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says the corporation will strive to use new technology to reduce the cost of crude oil production for economic development. Baru disclosed…
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The United States refineries have upped their imports of Iraqi, Nigerian, Brazilian, and Angolan crude oil, with May volumes, double that of April levels, data from Refinitiv Eikon has shown.Oil imports from Nigeria and other…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has charged the executive of the Nigeria Union of Journalists (NUJ) to curb purveyours of fake news, saying such news items had impacted…
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The dismal performance of the country’s three refineries, Warri, Port Harcourt and Kaduna refineries, continued, as the refineries posted operating deficit of N8.36 billion in January 2019, according to data released by the Nigerian…
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Waltersmith Petroman Oil Limited, operator of Ibigwe field located in Oil Mining Lease (OML) 16, has indicated it is already working on the development of an additional 25,000 barrel a day (bd) modular refinery few months after it…
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The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Maikanti Baru, has commended Total Group for delivering Egina Floating Production Storage and Offloading (FPSO) vessel below the budget of $14.9 billion, as…
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US refineries have upped their imports of Iraqi, Nigerian, Brazilian, and Angolan crude oil, with May volumes double that of April levels, data from Refinitiv Eikon showed on Monday. Oil imports from these countries to the United States…
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