NNPC to Supply Dangote Refinery with Crude Oil

The Nigerian National Petroleum Corporation (NNPC) Ltd will supply the new 650,000 barrel-per-day Dangote oil refinery…

Nigeria Loses N2.3tn to Crude Oil Theft in 2023

The Senate disclosed yesterday that Nigeria had lost N2.3 trillion to crude oil theft this year.…

NIGERIA: Preparing for an Era Without Crude Oil – Onu

Nigeria currently preparing for the post-crude oil era says Onu National Energy Summit 2021 holds Reforms…

Crude Oil Production Rose to 1.6mbpd in October

Crude oil production in Nigeria, including condensate, rose year-on-year by 30 per cent to 1.6 million barrels…

EU Methane Limits to Reshape Global Oil Trade, Equinor Warns

According to an Equinor executive, the European Union’s upcoming legislation on methane emissions will create monitoring…

Nigeria’s Oil and Gas Sector is Poised for a $10 billion Investment Surge

Nigeria, aiming to attract $10 billion in oil and gas investments over the next 12-18 months,…

Dangote Refinery is Looking to Get Crude Supplies From Libya and Angola

Nigeria’s Dangote refinery is negotiating with Libya and Angola to secure crude oil supplies for its…

TotalEnergies Examines Environmental Impacts on Oil Project

TotalEnergies is pushing ahead with its Tilenga drilling project in Uganda and a 1,443-kilometre crude oil pipeline to transport its…

2024 Oil & Gas Investment to Hit $570 Billion

Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…

IEA Lowers 2024 Oil Demand Forecast, OPEC Maintains Projection

The International Energy Agency (IEA), in its May 2024 Oil Market Report, reduced its forecast for…