Nigeria’s Trans Niger Oil Pipeline Bursts, Spills Crude, Rights Group Says
Wedoany.com Report-May 16, An environmental rights group reported a rupture in Nigeria’s Trans Niger Pipeline, a vital channel for transporting crude oil from onshore fields to the Bonny export ...
Nigeria Says Exxon Commits $1.5b to Deepwater Development
Wedoany.com Report-May 15, Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, planned for th...
Exxon Plans $1.5 Billion Investment in Nigerian Oilfield
Wedoany.com Report-May 7, ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulatory Commission (...
Nigeria Reduces Electricity Subsidies by 35% Following Tariff Hike for Heavy Users
Wedoany.com Report-Apr. 22, Nigeria has reduced electricity subsidies by 35% following a tariff increase for specific consumers last year, according to Power Minister Adebayo Adelabu. The adjustment, ...
Oando Pipelines in Nigeria’s Oil-Rich Bayelsa State Hit by Sabotage Attacks
Wedoany.com Report-Apr. 14, Oando Plc, a Nigerian oil producer, reported three incidents targeting its pipelines in Bayelsa state, southern Nigeria, over the past week. The company announced the event...
China’s COOEC Starts Shell Nigeria’s Gas Project
Wedoany.com Report-Apr. 1, China Offshore Oil Engineering Company (COOEC) began fabricating key components for Shell’s HI shallow-water gas and condensate project offshore Nigeria. Located in Of...
Nigeria’s NNPC in ‘Final’ Stages of Preparations for IPO, Says Official
Wedoany.com Report-Mar 28, State-owned Nigerian National Petroleum Co. Ltd. (NNPC) is in the "final" stages of preparations for an initial public offering, a senior company official said on Thursday, ...
US Jet Fuel Imports Surge as Nigeria’s Dangote Refinery Pushes Barrels West
Wedoany.com Report-Mar 25, U.S. jet fuel imports are set to hit a two-year high in March after Nigerias Dangote refinery pushed barrels to North America, which should lower prices of the aviation fuel...
Africa’s Richest Man to Build Nigeria’s Biggest Port
Wedoany.com Report-Mar 20, The president of Nigerian conglomerate Dangote Group plans to build Nigeria’s biggest seaport at the Olokola Free Trade Zone in Ogun State. Ogun state is the second mo...
Bid by Nigeria’s Nnpc to Halt Dangote Refinery Lawsuit Rejected by Judge
Wedoany.com Report-Mar 19, A Nigerian judge on Tuesday dismissed state oil company NNPC Ltds objection to its inclusion in a lawsuit brought by Dangote Oil Refinery, which is seeking to halt imports o...