KEY POINTS Nigeria’s petroleum products trade is undergoing a major shift, with the country exporting significantly more refined products while sharply reducing its dependence on imported fuel. New data from …
KEY POINTS Libya is stepping up efforts to attract fresh investment into its oil and gas industry as the North African country seeks to increase production, expand infrastructure and make …
KEY POINTS The Federal Government has renewed its commitment to reviving oil exploration at the Kolmani Oil Field in Bauchi State, months after activities at the site were halted. The …
KEY POINTS Oil prices stabilised on Tuesday after falling sharply in the previous session, as investors weighed the possible impact of expanded US sanctions on Iran against the risk of …
KEY POINTS Brazilian state-owned oil company Petrobras has taken a major step towards expanding its exploration activities in West Africa after submitting an expression of interest for four offshore exploration …
KEY POINTS The Dangote Petroleum Refinery and Petrochemicals has expanded its free petroleum products delivery programme to Kano, Imo, Anambra and Nasarawa states as part of efforts to reduce distribution …
KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to supporting Shell Nigeria’s operations as the Federal Government intensifies efforts to attract up to $50 billion …
KEY POINTS ExxonMobil has temporarily suspended operations at one of its offshore facilities in Guyana after a fire broke out aboard the Liza Unity floating production, storage and offloading (FPSO) …
KEY POINTS The Citizens Forum for Energy Accountability and Development, CFEAD, has commended the Nigerian National Petroleum Company Limited (NNPC) and the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, for what …
KEY POINTS A new fleet of diesel-electric offshore support tugs is being developed to strengthen marine support for ExxonMobil’s expanding oil production and export operations in Guyana’s prolific Stabroek Block. …
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