Tag: crude oil

...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...

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...

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...

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

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...

...Commences Shipment of two 950,000 barrels cargoes ...Two cargoes of 950,000 barrels each of the Nembe Crude Oil grade have since been exported to France...

TUE, 30 AUG, 2022-theGBJournal| Unsurprisingly, the oil sector maintained its contraction for the ninth consecutive quarter in line with the lingering production challenges exacerbated...

…The global oil major has announced a significant oil discovery in the offshore Graff-1 well in Namibia, reaffirming the hydrocarbon potential of Namibia MON 07...

…Marginal field development has also allowed indigenous companies to step out from oil majors’ shadow and thrive By NJ Ayuk MON 13 DEC, 2021-theGBJournal- Nigerian energy-industry...

bY Audrey Lotechukwu MON 28 JUNE, 2021-theGBJournal- Cordros Research says they remain optimistic that global demand will maintain its rebound, albeit below pre-pandemic levels, forecasting...