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Nigeria: NNPC Ltd Clears $3.8bn Indebtedness to IOCs – Official/in /by
[Premium Times] "We have seen the worst, lessons have been learnt, and the solutions are being institutionalised to ensure we never see a repeat," an official said.
Nigeria: Nigeria Needs $12 Billion to Clean Up Oil Spills/in /by
[DW] A new report says oil giants Shell and Eni should foot a $12-billion bill to clean up a spills in Bayelsa state -- but they have denied wrongdoing. Instead, Shell and Eni say illegal refineries and oil theft are to blame.
Nigeria: Nigeria Tussles With Shell and Eni Over Oil Spill/in /by
[DW] A new report says the oil giants should foot a $12-billion bill to clean up a spill in Nigeria's Bayelsa state -- but they have denied wrongdoing. Instead, Shell and Eni say illegal refineries and oil theft are to blame.
East Africa: Kenya to Build Three Additional Ships to Boost Oil Shipment to Uganda/in /by
[allAfrica] Johannesburg -- Kenya is building three ships to guarantee daily trips to Uganda rather than the country's present weekly excursions, according to reports. Kenya's Energy and Petroleum Cabinet Secretary Davis Chirchir said this is in an effort to enhance the export of oil products to Uganda through Lake Victoria. Despite the U.S.$14.57 million project that has been operating since January, Kenya has barely transported 20 million liters of petroleum products, Chirchir said.
Ghana: Comply With Reduction in Fares/in /by
[Ghanaian Times] Following any marginal increase in prices of petroleum products, commercial transport unions press for increment in fares for them to, at least, break even so they can remain in business.
Nigeria: NNPCL Plans 300,000 Barrels Daily Crude Supply to Dangote Refinery/in /by
[Leadership] Nigeria will now have a ready market for some of its crude oil production in-country as the Nigerian National Petroleum Corporation Limited, said it will be supplying 300,000 barrels daily to the Dangote Refinery set for commissioning next week.
Nigeria: Nigeria Expands Onshore Oil Explorations Initiative With $1m Contract Award/in /by
[Leadership] Nigeria is expanding its onshore oil exploration as STRYDE a Seismic acquisition technology and solutions provider just announced the award of a contract worth over $1 million for the supply of 10,000 seismic receiver nodes and its "Nimble" node receiver system.
Nigeria: Troops Destroy 38 Illegal Refining Sites in Niger Delta/in /by
[This Day] The Defence Headquarters (DHQ) yesterday said troops destroyed 38 Illegal refining sites in the Niger Delta region.
Nigeria: Wabote Seeks Double-Digit Oil Contribution to GDP, NNPC to Supply 300,000 Bpd to Dangote Refinery/in /by
[This Day] The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, yesterday argued that the oil and gas industry could return to contributing double-digit to the country's Gross Domestic Product (GDP), given the right decisions and clement environment.
Nigeria: Dangote Refinery Will Provide Succour, Turbo-Charge Nigeria’s Economy – NECA/in /by
[This Day] The Nigeria Employers' Consultative Forum (NECA) has declared that the Dangote Refinery would turbo-charge the engine of the Nigerian economy, unstrap the strings holding its growth and bring succor to a country that is in dire need of industrial renaissance.