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HomeNigeria

Nigeria

Nigeria
Crude Oil News

Nigeria to Boost Oil Production by 40,000 Bpd as New Field Starts Up

May 13, 2024 Clark Savage

Nigeria has launched oil production from a new field in the Niger Delta region, which is expected to raise crude output at Africa’s top oil producer by 40,000 barrels per day (bpd) by the end […]

Nigeria
Finance

Nigeria Expects FID on Gas Pipeline with Morocco by Year-End

March 25, 2024 Clark Savage

The final investment decision (FID) on the planned $25 billion Nigeria-Morocco pipeline linking North and West Africa could be reached by December, a senior Nigerian oil official said. Nigerian National Petroleum Co. Ltd. (NNPC) chief […]

UTM
LNG

UTM pushes back FID on Nigeria’s first FLNG project

March 21, 2024 Stu Turley

Nigeria’s UTM Offshore has again delayed a final investment decision on Nigeria’s first floating LNG project. The company’s managing director and chief executive, Julius Rone, told LNG Prime on Monday that UTM now expects to […]

Binance
Crypto

Crypto giant to exit Nigerian market

March 6, 2024 Clark Savage

  The West African nation’s authorities are investigating Binance and others for alleged terrorism financing and money laundering Major global cryptocurrency exchange Binance has announced that it will halt all transactions and trading in Nigeria’s […]

Daewoo E&C
Exports

Daewoo E&C installs giant heat exchanger at Nigeria LNG’s seventh train

February 26, 2024 Clark Savage

South Korea’s Daewoo E&C has completed the installation of a giant heat exchanger at the seventh train of Nigeria LNG’s Bonny Island plant. Daewoo E&C said in a statement that this is the world’s largest […]

Climate Crisis

Daily Energy Standup Episode #300 – Weekly Recap: Net Zero Cost Concerns, LNG Export Halt, Turbine Explosions, and Africa’s Energy Vision

February 3, 2024 Clark Savage

Daily Standup Weekly Top Stories Energy Bills Set to Soar as Report Finds Almost All Major Studies on Net Zero Grossly Underestimate Cost January 28, 2024 Stu Turley ENB Pub Note: I have just interviewed data […]

Crude Oil News

Daily Energy Standup Episode #296 – Global Gas Dynamics, Speed Limits, and Soaring costs exposed

January 29, 2024 Clark Savage

Daily Standup Top Stories Energy Bills Set to Soar as Report Finds Almost All Major Studies on Net Zero Grossly Underestimate Cost January 28, 2024 Stu Turley ENB Pub Note: I have just interviewed data modeling […]

Europe
ENB Pub Note

Gas-Addicted Europe Trades One Energy Risk for Another – The US is not reliable

January 28, 2024 Stu Turley

ENB Pub Note: Under the current administration, would you do business with the US? Energy Security is something that lives, and political careers depend on. Based on our track record, doing business with the US […]

Nigeria
Crude Oil News

Nigeria Destroyed Over 5,500 Illegal Refineries in Last Three Years: NNPC

January 23, 2024 Clark Savage

The Nigerian National Petroleum Co. Ltd. (NNPC) destroyed more than 5,500 unauthorized refineries and nearly 4,500 illegal pipeline connections over the last three years, according to the national oil and gas company’s chief executive. Speaking […]

floating LNG project
International News

Nigeria’s NNPC teams up with China’s Wison on floating LNG project

December 7, 2023 Clark Savage

State-run Nigerian National Petroleum Corp is joining forces with China’s Wison to develop a floating LNG production project in Nigeria. According to a statement by NNPC, the company signed a memorandum of understanding with Wison […]

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