Nigeria: Federal Govt Suspends Subsidy Removal/in /by
[Premium Times] "Council agreed that the timing of the removal of fuel subsidy should not be now," an official said.
Nigeria: NNPCL, Norwegian Firm to Build Floating Gas Plant in Nigeria/in /by
[Premium Times] The signing of the agreement took place at the NNPC headquarters in Abuja.
Nigeria: How We Resolved PENGASSAN Strike Crippling Mobil Production – NNPCL/in /by
[Premium Times] The industrial action was suspended following "high-level mediation" between the leadership of the company and PENGASSAN.
Nigeria: ‘Missing’ Barrels of Oil – Malami Finally Appears Before Reps Panel, Says Allegation ‘Baseless’/in /by
[Premium Times] "The allegation is unfounded. It lacks merit and indeed substance," the minister told the lawmakers.
Nigeria: No Going Back On Fuel Subsidy Removal, Federal Govt Declares/in /by
[Leadership] Minister of finance, budget and national planning, Zainab Ahmed, has said the federal government has concluded every plan for the removal of the controversial subsidy on premium motor spirit (petrol) and would not revisit the matter.
Nigeria: Nigeria Has Suffered a Significant Loss in Oil Revenue – Shell/in /by
[Leadership] Chairman of Shell Companies in Nigeria, Osagie Okubor, has said the country suffered a significant loss in oil revenue over the last year, as a result of pipeline vandalism and oil theft.
Nigeria: The Making of Billionaires in Oil-Rich Nigeria – Who Is Powering Their Rise?/in /by
[Daily Trust] In periods of oil prices hovering around $100 per barrel, Nigeria scoops approximately $200 million per day in revenues from the global oil market. Who are the major beneficiaries of these proceeds?
Nigeria: Nigeria Tops African Oil Producers As OPEC’s March Output Hit 28.80mbp/in /by
[Leadership] Nigeria was Africa's top crude oil producer in March 2023, with a production capacity of 1.2 million barrels per day (bpd), even as the Organisation of Petroleum Exporting Countries(OPEC)'s total crude oil production averaged 28.80 million barrels a day in March, lower by 86,000 barrels per day month-on-month.
Nigeria: Shaming Detractors With Near Completion of $2.5bn AKK Gas Pipeline Project – NNPCL/in /by
[This Day] On Monday, the leadership of the Nigerian National Petroleum Company Limited, led by the Group Chief Executive Officer, Mele Kyari took a tour to Ahoko, a community in Kogi State to inspect the pace of work at the Ajaokuta-Kaduna-Kano gas pipeline project.
Ghana: Crude Oil Production Declines for Three Consecutive Years/in /by
[Ghanaian Times] The 2022 Public Interest and Accountability Committee (PIAC) annual report, has revealed that Ghana's crude oil production has been declining for three consecutive years.