Oil & Gas

OIL: Saudi Arabia, Iraq, Iran, UAE, Kuwait, Nigeria, Angola remain OPEC's top 7 producers

OIL: Saudi Arabia, Iraq, Iran, UAE, Kuwait, Nigeria, Angola remain OPEC’s top 7 producers

OIL: Saudi Arabia, Iraq, Iran, UAE, Kuwait, Nigeria, Angola remain OPEC’s top 7 producers   By Eyo Nsima Saudi Arabia, Iraq, Iran, UAE, Kuwait, Nigeria, and Angola remain the top seven oil-producing members of the Organisation of Petroleum Exporting Countries, OPEC, based on data obtained from secondary sources. The countries – Saudi Arabia, Iraq, Iran, […]

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SPDC JV sets up Centres of Excellence to drive manpower development in oil industry

SPDC JV sets up Centres of Excellence to drive manpower development in oil industry

SPDC JV sets up Centres of Excellence to drive manpower development in oil industry   The Shell Petroleum Development Company (SPDC) of Nigeria Limited operated Joint Venture has built and handed over a Centre of Excellence in Geosciences and Petroleum Engineering to the University of Benin, as part of efforts to encourage manpower development in

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Russia-Ukraine Crisis Takes Toll on Nigeria's Crude, Affects Inflow, says NNPC 

Russia-Ukraine Crisis Takes Toll on Nigeria’s Crude, Affects Inflow, says NNPC 

Russia-Ukraine Crisis Takes Toll on Nigeria’s Crude, Affects Inflow, says NNPC    The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable Asian market at

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NLNG reiterates commitment to delivering Train 7 benefits to Nigerians

NLNG pledges to supply over 1.3m metric tons to Nigerian market

NLNG pledges to supply over 1.3m metric tons to Nigerian market   By Eyo Nsima The Nigerian LNG limited has promised to sustain the supply of 1.3 million Liquefied Petroleum gas, LPG annually to the Nigerian market. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “NLNG has been making defining contributions to the domestic

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2024 NAPE Summit attendee registration surges 47%

2024 NAPE Summit attendee registration surges 47%

2024 NAPE Summit attendee registration surges 47%   By Eyo Nsima   NAPE — the place where deals happen — is packing Houston’s George R. Brown Convention Center with dealmakers and decision-makers from companies large and small representing all facets of energy. As of NAPE’s “preferred rate” deadline, attendee registration for the 2024 NAPE Summit

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OIL MARKET: Prices slide to $80 per barrel on US inventories

OIL MARKET: Prices slide to $80 per barrel on US inventories

OIL MARKET: Prices slide to $80 per barrel on US inventories   By Eyo Nsima The prices of many crudes have dropped to $80 per barrel, due mainly to rising inventories in the United States. The American Petroleum Institute (API), put the current inventories at 11.9 million barrels for the week ending November 3, 2023.

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