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Daily Archives: Jul 8, 2016

Shell Lifts Force Majeure On Bonny Light Exports

The Royal Dutch Shell, Nigeria division, has lifted a force majeure on exports of Bonny Light crude oil, the latest sign that oil production...

Hong Kong Firm To Build 200,000 Barrels Refinery In Nigeria

A Hong Kong based firm,  Blooming Faith Petroleum Ltd, is partnering the Federal Government to build  and operate a 200,000 barrels per day (...

Flared Gas In Nigeria Drops To 750mscf/D

With the increasing utilisation of associated gas, flared gas has dropped from over one billion standard cubic feet per day (bscf/d) to 750 million...

Baru is New NNPC Boss

...Kachikwu Heads Corporation’s 9-Man Board Dr Maikanti Kacalla Baru Dr Maikanti Kacalla Baru has emerged as the new Group Managing Director (GMD) of the Nigerian National...

NCDMB, NNPC, NIMASA agree to grow Nigerian Content in crude oil lifting

Contracts for lifting Nigerian crude oil will begin to yield tangible benefits for the Nigerian economy going by the renewed commitment by the Nigerian...

Why Cape Town is home to South Africa’s most important meeting place for oil industry professionals

South Africa is a gateway to the continent, according to exhibitors and the new owner of Cape Industries Showcase 2016 One of South Africa’s key...

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