Nigeria’s oil output currently as low as 1.1m bpd – NNPC official

Nigeria’s crude oil and condensate production has fallen almost 50% from the start of the year to around 1.1 million b/d, an official from state oil firm Nigerian National Petroleum Corp. said Friday, after reports of a fresh attack on an oil and gas pipeline in the Niger Delta late Thursday. “The waves of attack […]

Shell, JV partners sign agreement for a 300m cubic feet of gas

The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners signed a Final Investment Decision agreement for a 300 million cubic feet of gas on Wednesday in Abuja at a ceremony witnessed by the Managing Director of Total Exploration and Production Nigeria Limited, Mr. Nicholas Terraz and the Managing Director of […]

PENGASSAN denies NNPC’s sale claim

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has denied a Facebook comment alleged posted by a certain individual purporting that the president of PENGASSAN, Comrade Francis Johnson, over the sale of the Nigeria National Petroleum Corporation (NNPC).   The association, in a statement signed by the general-secretary, Comrade Lumumba Okugbawa,  stated […]

Niger Delta militants allege attack on oil pipeline near Warri

A new militant group calling itself the Niger Delta Avengers has claimed on Twitter that it attacked a gas and crude oil pipeline belonging to state oil firm NNPC despite the presence of government troops guiding the facilities. “At 11:45pm on Thursday @NDAvengers blew up other #NNPC Gas and Crude trunkline close to Warri,” Niger […]

Tender for NLNG Train 7 out in April

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has said the Nigeria Liquefied Natural Gas Limited(NLNG) will  issue Invitation to Tender (ITT) for the NLNG Train 7 project in April.   In an interview, he said: “Efforts of NCDMB in ensuring that other projects come stream are ongoing. Total […]

Manufacturers bemoan gas distributors’ rip-off

The Gas Consumers Group of Manufacturers Association of Nigeria has stated that distributors of liquefied natural gas have been ripping them off as they are being made to pay for gas consumption in US dollar equivalence.   Speaking to the Nation, the CEO and the Managing Director of NISPO, Afam Mallinson Ukatu, regretted that his […]

Oil rebels back main opposition candidate in Nigeria vote

A rebel group in southern Nigeria that has carried out dozens of attacks on the oil industry declared its support on Thursday for the main opposition candidate in this weekend’s election.   ADVERTISEMENT The Niger Delta Avengers (NDA) called on people in the region to vote for Atiku Abubakar, who is challenging incumbent Muhammadu Buhari […]

Nigeria’s daily oil production falls to 1.99 million barrels

The nation’s crude oil production including condensate fell to 1.999 million barrels per day in January from 2.081 million bpd in December, according to the Ministry of Petroleum Resources.   The Organisation of Petroleum Exporting Countries, in its latest monthly oil report released on Tuesday, said Nigeria’s oil production dropped to 1.687 million bpd in […]

NNPC, Total, Shell, NAOC take final investment decision on new gas field

A step for attaining sufficiency in domestic gas supply was taken by the Nigerian National Petroleum Corporation (NNPC) on Wednesday.   The corporation took the Final Investment Decision (FID) on the 4.3 trillion cubic feet Assa North/Ohaji South Fields development.   The field located in oil mining lease (OML 21) is operated by NNPC and […]

Local content breach: PENGASSAN set to tackle Exxonmobil

  Following what it considered as a breach of the Nigeria’s local content law, which seeks to involve indigenous manpower in the operations of the oil and gas industry, members of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), may have resolved to challenge the management of Exxonmobil over its deliberate disengagement of […]