Nigeria oil and gas

Nigeria’s Trans-Forcados oil pipeline shut due to leak -source

Nigeria’s Trans-Forcados pipeline which exports the Forcados crude oil is shut down for repairs to inspect a leak, a source…

Nigeria’s new gas, oil policy to stimulate competitive environment for local, foreign investors, says oil minister

Ibe Kachikwu, Nigeria's minister of state for petroleum resources said Tuesday that the country's new gas, oil policy, bold steps…

Gas operators lose 18% income to regulated pricing

The Nigerian gas market is in dire need of market-reflective pricing as operators lose sleep over their loss of an…

Nigeria to stop relying on crude oil prices- Finance minister

Kemi Adeosun, Nigeria’s finance minister said Africa’s top oil producer is trying very hard to ignore crude oil prices. The…

Commodities update, Jan 18, 2018

Oil prices expected to trade around $60-70 through 2020- survey

Oil prices are expected to remain close to current levels, averaging around $60 to $70 per barrel through the end…