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October 3, 2018South Sudan, Nigerian Petroleum Ministers discuss oil cooperation
On track to ramp up oil production.
August 21, 2018National oil company of Nigeria to go public
Dr. Maikanti Baru has announced that the NNPC will be listing over 40% of its shares on the NSE.
August 10, 2018Market Report: Savannah Petroleum and Republic of Niger sign MoU
Savannah Petroleum subsidiary has signed a Memorandum of Understanding with Niger.
July 20, 2018Market Report: CNOOC looks to invest $3bn in Nigerian oil operations
CNOOC expresses interest in investing $3 billion to its stakes in offshore operations in Nigeria.
January 19, 2018Market Report: Nigeria’s Petroleum Bill Passes House
After a 17-year struggle, Nigeria has moved closer to turning the Petroleum Industry Bill into law.
June 2, 2017Market Report: Nigerian oil marketers halt fuel importation due to lack of profitability
Nigerian oil marketers halt fuel importation due to lack of profitability and operations have commenced in the first pure exploration well off the coast of Senegal.
April 5, 2017Nigerian Gas Association
Formed in 1999, the Nigerian Gas Association is responsible for the promotion and protection of the interests of the gas industry in Nigeria. The association’s first members came from the primary gas production and utilization companies, and some of the earliest members included Nigerian National Petroleum Corporation (NNPC), Shell Petroleum Development Company (SPDC), Nigeria Liquefied […]
May 4, 2018Nigeria’s NNPC Targets Gas Flaring
The Nigerian National Petroleum Corporation is launching a coordinated effort to end gas flaring.
March 9, 2018Market Report: Nigeria Reduces Crude Oil Production Price
Nigerian National Petroleum Corporation brings down cost of producing a barrel of crude oil to $20.
August 18, 2017Market Report: NNPC Reduces Cost of Oil Production
The Nigerian National Petroleum Corporation cut the cost of oil production from $78 to $23 per barrel.