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Reuters
2 hrs ago
Comment
Nigeria will export an average of 2.01 million barrels per day (bpd) of crude oil in January, up from a revised 2.00 million bpd in December and the highest volume since July, trade sources said on Wednesday.
Reuters
3 hrs ago
Comment
African oil output will rise sharply in the coming years if new projects start up as expected and tensions continue to ease in heavyweight supplier Nigeria.
Cellular News
7 hrs ago
Comment
A new pan-African tower investor has been formed, based on an existing model being used in Nigeria.
New York Times
Nov 25
Comment
The oil tanker off Benin was carrying crude oil from Nigeria when pirates raided it, the navy said.
Reuters
Nov 24
Comment
Until the global economy recovers, OPEC has to make sure it does not put too much crude oil in the market because it would drive down petroleum prices, Nigeria's oil minister warned on Tuesday.
Reuters
Nov 24
Comment
Nigeria is currently producing 1.7 million barrels of crude oil per day, Nigerian Oil Minister Rilwanu Lukman said on Tuesday.
Upstream Online
Nov 24
Comment
Nigeria plans to increase spending by a third next year, to help lift itself
out of an economic downturn, overhaul its shambolic power sector and develop
the Niger Delta, the restive heartland of its mainstay oil industry.
Reuters
Nov 24
Comment
Nigeria's Fidelity Bank said on Tuesday its full-year pretax profit slipped by 77 percent to 3.77 billion naira, dragged down by a huge provision for loan loss.
OilVoice
Nov 24
Comment
ERHC Energy Inc. a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa today announced that negotiations are underway on p
PR Newswire
Nov 23
Comment
HOUSTON, Nov. 23 /PRNewswire/ -- CAMAC Energy Holdings Limited today announced it signed a Purchase and Sale Agreement covering the Oyo Oilfield which will result in its acquiring a 62.74% ownership interest in Pacific Asia Petroleum, Inc. (PAP)
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