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OPEC cuts 2024/2025 global oil demand forecast, Nigeria’s September production drops

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...The forecast for world oil demand growth in 2025 is also revised down by 102 tb/d to 1.6 mb/d, y-o-y. ...Nigeria's crude oil production dropped...

Oil Brief| ExxonMobil, Seplat $1.28 billion divestment deal awaits ministerial approval,...

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...NNPC 19 months crude supply falls short Dangote's 650,000 barrels per day capacity MON OCT 07 2024-theGBJournal| The Nigerian National Petroleum Company Limited (NNPCL) has...

NNPC set to supply 385kbpd of crude to Dangote Refinery as...

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...Diesel will be sold in Naira by the Dangote Refinery to any interested offtaker ...In return, the Dangote Refinery will supply PMS and diesel of...

Finance Minister Edun leads strategic meeting on NNPCL crude sales in...

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MON AUG 12 2024-theGBJournal| The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Monday led a key meeting aimed at implementing...

”The law is clear on domestic crude oil supply obligations,” says...

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WED AUG 07 2024-theGBJournal| The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of...

Review of operations shows Shell’s Bonga boosted Nigeria’s 2023 oil production

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...Bonga, Nigeria’s first deep-water development produced some 138,000 barrels of oil per day (boepd) in 2023 compared to around 101,000 in 2022. TUE MAY 14...

NNPC E&P Ltd, NOSL begins Oil production at OML 13, Akwa...

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MON MAY 13 2024-theGBJournal| NNPC Exploration and Production Limited (NNPC E&P Ltd.), NNPC Ltd.’s flagship upstream subsidiary, and Natural Oilfield Services Ltd. (NOSL), a...

NNPC Ltd, Newcross Exploration and Production Ltd unlock 12,000bpd oil production...

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TUE APRIL 23 2024-theGBJournal| The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration...

SPDC resumes crude oil supply from Bonny Oil and Gas Terminal...

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...BOGT resumed supply to the Port Harcourt Refinery last week after a prolonged outage of over five years, during which time the Refinery underwent...

Afreximbank makes initial disbursement of US$2.25 billion under...

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SAT, JAN 13 2024-theGBJournal|African Export-Import Bank (Afreximbank) announced on Friday that it has made an initial disbursement of US$2.25 billion has been made. It...