[This Day] Heavy flooding, upstream gas supply issues and pipeline vandalism have left the six-train Nigeria LNG (NLNG) facility on Bonny Island producing far below capacity since last year, with the trend largely continuing in 2023, a Natural Gas Intelligence (NGI) report has noted.
[This Day] Oil prices steadied at the weekend after dropping to near 15-month lows earlier in the session, supported by reports that top producers Saudi Arabia and Russia met to discuss ways to enhance market stability.
[This Day] Despite adding about 48,000 barrels per day in February, Nigeria's oil rigs count stagnated at 13 during the month, THISDAY analysis of the latest data released by the Organisation of Petroleum Exporting Countries (OPEC) has revealed.
[Ghanaian Times] Some Oil Marketing Companies (OMCs) have started reducing the prices of petroleum products at the pumps.
[Dabanga] El Fula -- The executive mechanism of the oil fields in Sudan's West Kordofan said that the region faced injustice at the hands of the central government as the state's population did not benefit proportionally from the wealth generated by oil production but did suffer from the health problems and environmental damage it causes.
[Premium Times] The force majeure was declared on March 3, 2022
[African Arguments] Though the legal claim against TotalEnergies was dismissed on technicalities, it set some bold precedents.
[Vanguard] .As OPEC, IEA present positive outlooks
[This Day] The Shell Petroleum Development Company of Nigeria Limited (SPDC) said it has lifted the force majeure on its 250,000 barrels per day (bpd) Bonny export terminal with effect from Wednesday, 15 March, 2023.
[DW] The Democratic Republic of Congo wants more money for climate projects. Otherwise, oil drilling could replace fishermen in the world's largest peat bog. And that could spell devastation for the environment.
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