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News // Поиск по тегу 'nigeria'

September, oil was the month of the rise: what to expect in October

September 2017 was a historic month for the global crude oil market. West Texas rose to $52 and Brent rose to $58 as financial markets finally accepted that Saudi Arabia has been successful in brokering high compliance rates with last year's Opec and Russia output cut deals.

02 October 2017 , 03:14Matein KhalidNeftegaz.RU0

Nigeria ready to play OPEC ball, Russia says

Nigeria may be ready to give up its status as an OPEC member exempt from the effort to balance the market with production cuts.

25 September 2017 , 10:21Neftegaz.RU0

Oil prices turn higher after reports of Saudi crude cuts to Asia

Oil prices were up slightly on the back of reports that Saudi Arabia is planning to cut exports to Asia next month.

08 August 2017 , 16:10Christopher AlessiNeftegaz.RU0

Russia sees oil supplies dwindling from global market

Hundreds of millions of barrels of crude oil are lacking from the global energy market because of joint efforts with OPEC.

24 July 2017 , 15:31Daniel J. Graeber0

Libya called to share production plans with OPEC in St.Petersburg next week

Libya has been called on by the OPEC to share production plans at a summit next week, an oil company director said.

19 July 2017 , 10:12Neftegaz.RU0

Minister Kachikwu: Nigeria’ll support OPEC resolve to stabilise market

As members of the OPEC, Nigeria expressed commitment to support all resolutions to stabilize the international oil market.

14 July 2017 , 14:12Neftegaz.RU0

Russian Rosneft oil firm starting lifting oil from Libya

The Russia’n oil firm, Rosneft, has begun lifting oil from Libya, the Chairman of the National Oil Corporation (NOC) Mustafa Sanallah.

12 July 2017 , 10:11Neftegaz.RU0

Nigeria says refinery upgrades should cost $1.2 bln

A $1.2 bln spending plan will allow Nigeria the refining upgrades it needs to terminate its dependence on refined oil imports in 2 years’ time.

09 June 2017 , 14:15Zainab CalcuttawalaNeftegaz.RU0

Nigeria: Federal Government eyes Russian investment in oil sector

The Federal Government has invited Russia and investors from the country to invest in the Nigerian oil and gas sector.

30 May 2017 , 18:00Neftegaz.RU0

Petrofac is hoping to make headway in Russia and swings into the green in 2016

Petrofac swung to a profit last year as project activity picked up pace in the 2nd half, signalling a market rebound with new opportunities in downstream.

23 February 2017 , 12:10Neftegaz.RU0

Nigeria loses $100 bln to pipelines vandalism

Ibe Kachikwu said the Federal Government lost about $100 billion revenue last year to incessant attacks on oil facilities by militants in the Niger Delta.

16 February 2017 , 12:12Neftegaz.RU0

Total's profit, output rise, costs go down

Total reported an adjusted net income of $2.4 bln for Q4 2016, up 16% on the year-ago period.

09 February 2017 , 16:12Neftegaz.RU0

Chinese CNOOC expects 2nd consecutive output decline, slashes 2018 target

CNOOC is aiming to cut production by 3.4 to 5.5 % this year, the 2nd annual decline in a row after 15 years of impressive growth, despite planning a rebound in project spending.

20 January 2017 , 12:11Neftegaz.RU0

OPEC’s former Head said «conditions are set» for oil freeze

Chakib Khelil told the agency that «conditions are set for an agreement», referring to OPEC’s desire to solidify an output-freeze in the wake of the oil glut.

18 August 2016 , 16:20Neftegaz.RU0

S&P Global Platts: June OPEC Output of 32.73 Million Barrels of Crude Per Day, Highest Since August 2008

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials.

12 July 2016 , 17:29Neftegaz.RU0

Nigeria: Total achieves flare-out on its operated Ofon field

Total has completed the flare out of the Ofon field on Oil Mining Lease (OML) 102 offshore Nigeria. The associated gas of the Ofon field is now being compressed, evacuated to shore and monetized via Nigeria LNG.

12 January 2015 , 15:41Neftegaz.RU0

SPDC shuts TNP due to fire at crude theft point

 The Shell Petroleum Development Company of Nigeria Ltd (SPDC) joint venture shut the Trans Niger Pipeline (TNP) yesterday (19th June) following an explosion and fire at a crude theft point on the 28” section of the facility at Bodo West in Ogoniland.

21 June 2013 , 09:54Neftegaz.RU0

Six Foreign Oil Workers Kidnapped in Nigeria

Armed pirates who stormed an oil service ship in southern Nigeria have kidnapped six foreigners and demanded a $1.3 million ransom for their release, police told AFP.

21 February 2013 , 10:06Neftegaz.ru0

Shell Gets Apparent Win in Nigeria Oil Spill Cases

A court in the Netherlands Wednesday dismissed four claims for compensation against Royal Dutch Shell PLC's Nigerian subsidiary, but awarded damages in a fifth, in cases brought by farmers and fishermen claiming that oil spills from pipelines in Nigeria damaged their livelihoods.

31 January 2013 , 09:54Neftegaz.ru0

SPDC completes sale of Nigerian oil mining lease


Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), completed on August 31st 2012 the assignment of its 30% interest in Oil Mining Lease (OML) 40 in the Niger Delta to Elcrest Exploration and Production Nigeria Limited. Total cash proceeds for SPDC amount to some US$102million.

04 September 2012 , 10:22Neftegaz.RU0

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