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By BENJAMIN ORISEMEKE, Abuja – Italian energy group Eni said it would lift a force majeure on exports of Nigerian Brass River crude oil this week after it completed repairs to a pipeline damaged by a blast. The group had cut oil and gas exports from its Brass Export...
By BENJAMIN ORISEMEKE, Abuja – Crude oil supply trouble got worse with Shell and Eni both declared force majeure on key oil flows from Nigeria, threatening to disrupt supplies in a market that is already being impacted by Russia’s invasion of Ukraine. Force majeure is a foreseeable circumstance that...
The Nigerian National Petroleum Corporation Ltd (NNPC) on Wednesday sealed a deal with partners on gas aggregation to increase local production of fertiliser in the country. The Gas Aggregation Agreement was signed in Abuja on the sideline of the ongoing fifth Nigeria International Energy Summit (NIES 2022) with the...
The Group Managing Director, Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has said International oil companies are leaving Nigeria and shifting their portfolios to where they can add value to the journey towards carbon net-zero commitment, Mr Kyari said this in a speech at the 2022 Nigerian International...
