Tag: Nigeria

Shell shuts flow station on Nigerian Escravos oil line shut after locals staged protest

Shell shuts flow station on Nigerian Escravos oil line shut after locals staged protest

Impact on Escravos not yet clear By Tife Owolabi and Libby George LAGOS/LONDON, Nigeria, Nov 9 (Reuters) – Royal Dutch Shell has shut down an Escravos crude oil flow station in Nigeria’s Niger Delta after villagers demanding aid staged a protest, the firm and residents said on Wednesday. In another blow to the oil major, the […]

By November 9, 2016 0 Comments Read More →
Blast hits oil pipeline feeding Forcados terminal in Nigeria’s Delta

Blast hits oil pipeline feeding Forcados terminal in Nigeria’s Delta

Forcados terminal pipeline under repairs when blast hit By Tife Owolabi and Alexis Akwagyiram LAGOS, Nov 8 (Reuters) – A blast on Tuesday rocked a pipeline operated by Nigeria’s state-run oil firm that feeds the Forcados terminal in the southern Niger Delta energy hub, a spokesman for Nigerian National Petroleum Corp (NNPC) said. The explosion occurred […]

By November 8, 2016 0 Comments Read More →
Nigerian oil output down by over 200,000 bpd after militant attack

Nigerian oil output down by over 200,000 bpd after militant attack

Nigerian oil pipeline attack closes By Julia Payne LONDON, Nov 3 (Reuters) – Nigerian oil production has fallen by at least 200,000 barrels per day (b/d) since a militant attack forced the closure of the major Trans Forcados Pipeline (TFP) on Wednesday, industry sources said. The attack pushes the west African country’s output back below 2 […]

By November 4, 2016 0 Comments Read More →
ExxonMobil announces significant oil discovery offshore Nigeria

ExxonMobil announces significant oil discovery offshore Nigeria

ExxonMobil holds 27% interest and is the operator for OPL 223 and OML 139 IRVING, Texas – Exxon Mobil Corporation announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria. The Owowo-3 well, which was spud on Sept. 23, encountered […]

By October 27, 2016 0 Comments Read More →
Niger Delta Avengers say attacked Nigeria’s Chevron Escravos pipeline

Niger Delta Avengers say attacked Nigeria’s Chevron Escravos pipeline

Niger Delta Avengers warned companies to not repair damaged infrastructure By Tife Owolabi YENAGOA, Nigeria, Oct 25 (Reuters) – Nigerian militant group the Niger Delta Avengers said it attacked an oil pipeline in Nigeria’s restive southern energy hub on Tuesday and warned international oil companies (IOCs) not to carry out repairs on damaged energy infrastructure. […]

By October 25, 2016 0 Comments Read More →
Nigerian oil output expected to jump 22 per cent by year’s end

Nigerian oil output expected to jump 22 per cent by year’s end

Nigerian oil output estimated to be 2.2 million b/d by end of year  By Neha Dasgupta NEW DELHI, Oct 17 (Reuters) – OPEC member Nigeria expects its oil production rate to jump by 22 per cent by the year-end to 2.2 million barrels per day (b/d) from current levels, the Nigerian oil minister said on Monday, […]

By October 17, 2016 0 Comments Read More →
NNPC pipeline in Nigerian Delta attacked by vandals: Nigerian military

NNPC pipeline in Nigerian Delta attacked by vandals: Nigerian military

NNPC pipeline attacked Thursday night YENAGOA, Nigeria, Oct 14 (Reuters) – Vandals attacked an NNPC pipeline in the restive Niger Delta, a military spokesman said on Friday. “It was sabotage by vandals,” military spokesman Thomas Otuji said, when asked about a claim by a militant group called Niger Delta Greenland Justice Mandate of an attack of […]

By October 14, 2016 0 Comments Read More →
Chinese delegation to look at possible Nigerian oil investments

Chinese delegation to look at possible Nigerian oil investments

Nigerian oil refineries mostly unused due to poor maintenance ABUJA, Oct 5 (Reuters) – A Chinese delegation will visit Nigeria this month to discuss investment in the West African country’s oil and gas industry, Nigeria’s oil minister said on Wednesday. In June, state-owned Nigerian National Petroleum Corporation (NNPC) said it had signed memorandums of understanding […]

By October 5, 2016 0 Comments Read More →
Nigerian oil bill to reform petroleum industry to be fast-tracked

Nigerian oil bill to reform petroleum industry to be fast-tracked

Nigerian oil bill may include sale of stakes in divided NNPC ABUJA, Oct 4 (Reuters) – Nigeria’s lawmakers will prioritise and fast-track the passage of a long-awaited bill to reform the OPEC member’s petroleum industry, the Senate president’s office said on Tuesday. The petroleum industry bill (PIB), which covers everything from an overhaul of state oil […]

By October 4, 2016 0 Comments Read More →
Niger Delta Avengers claim first attack in energy hub since ceasefire

Niger Delta Avengers claim first attack in energy hub since ceasefire

Niger Delta Avengers attack Bonny crude export line LAGOS, Sept 24 (Reuters) – Nigerian militant group the Niger Delta Avengers said on Saturday it had carried out its first oil pipeline attack in the country’s southern energy hub since declaring a break in hostilities in August to pursue talks with the government. The Avengers have […]

By September 24, 2016 0 Comments Read More →