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Niger Overview

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Nigeria launches bid round for 12 oil and gas blocks
NEWS
Nigeria - May 09, 2024

Nigeria has opened a bid round covering 12 onshore and deepwater oil and gas blocks in its prolific Niger Delta Basin.

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Nigeria to introduce crude trading on commodities exchange
NEWS
Nigeria - April 19, 2024

Up to 20% of Nigeria's crude will be traded on the Lagos commodities exchange under a new government plan.

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Africa Energy Bank on track for $5-billion launch this year
NEWS
Multinational - March 27, 2024

The Africa Energy Bank, a fund created to address gaps in oil and gas project finance in Africa, is on track to begin operations in H2.

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Second WTI cargo heads for Nigeria’s Dangote mega-refinery
NEWS
Nigeria - March 05, 2024

A second WTI oil cargo is on its way to Nigeria's recently commissioned 650,000-bpd Dangote Refinery.

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Interview
Nigeria - April 03, 2023

Emeka Ene, managing director of Oildata Energy Group, talks to The Energy Year about the Kwale Gas Gathering (KGG) project, which the company is currently helping to…

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Interview
Nigeria - April 03, 2023

Segun Sowande, partner and head of energy and natural resources for KPMG in Nigeria, talks to The Energy Year about challenges in the Nigerian oil and gas industry and…

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Kuwait sees oil at USD 50, lauds OPEC
NEWS
Kuwait - May 19, 2016

Acting Oil Minister and Deputy Prime Minister of Kuwait Anas Al Saleh expects oil prices of around USD 50 per barrel for the remainder of 2016. In statements on…

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Nigeria losses exceed 22-year low
NEWS
Nigeria - May 17, 2016

An uptick in violence in the oil-rich Niger Delta has cut Nigeria’s oil output by 800,000 bopd, Minister of State for Petroleum Resources and Nigerian National…

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Oil prices at six-month high
NEWS
- May 16, 2016

Ongoing supply disruptions, especially on account of increased violence in Nigeria’s Niger Delta, have pushed oil prices to fresh highs. On Monday, Brent futures were…

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Shell Nigeria declares force majeure
NEWS
Nigeria - May 11, 2016

Shell’s Nigerian joint venture subsidiary on Wednesday declared force majeure on exports of Bonny Light, saying it had been in force since Tuesday 12.00 pm local…

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Niger Delta violence ramps up
NEWS
Nigeria - May 09, 2016

A string of attacks in the oil-rich Niger Delta, including a recent hit on a Chevron offshore facility, are threatening to cripple the local economy. Nigerian media…

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Interview
Nigeria - April 29, 2016

Ike Oguine, chief consultant at Advisory Legal Consultants and former director of Chevron Nigeria, talks to TOGY about the different types of divestments Nigeria’s…

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Shell ups gas output in Nigeria
NEWS
- March 29, 2016

Shell Petroleum Development Company of Nigeria (SPDC) increased gas production from the East Niger Delta’s Agbada field in an effort to boost the volume of gas…

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Shell in court over Nigeria spills
NEWS
Nigeria - March 02, 2016

Shell Petroleum Development Company of Nigeria (SPDC) found itself in court on Wednesday over spill sites in the Niger Delta that claimants say are still…

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Nigeria’s crude oil crisis
NEWS
Nigeria - February 17, 2016

Nigeria is disorganised due to its reliance on the price of crude, President Muhammadu Buhari said while addressing members of the British parliament in Abuja…

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