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Nigerian Seplat Returns to Operating Profit
Nigerian independent producer Seplat returned to an operating profit in the first half of this year, and expects diversification of export routes for its crude, and growing gas…
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Nigeria's Gas Supply to Power Plants Improves
Nigeria's daily gas supply to power plants increased by 64% year on year in May 2017, according to monthly data released by the state-owned producer. Nigerian National…
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Nigeria's Kachikwu Urges Better Coordination with Power Sector
Nigeria's minister of state for petroleum resources Emmanuel Ibe Kachikwu has called for stronger coordination between the gas and power sectors, given that most gas used inside…
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Nigeria's Seven 'Scouting Niger Acreage'
UK-listed explorer Savannah Petroleum said July 13 that it is talks to sell its West Africa assets to Nigerian producer Seven Energy, having entered into a binding exclusivity…
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Nigeria's Flaring Declined in 2016, Say Abuja & World Bank
There’s both good and less good news about gas flaring in Nigeria. First the good news: it continued to fall in 2016 according to both government and World Bank data. The…
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Edison Marks 500th RasGas Term Cargo
Edison, the Italian subsidiary of French power giant EDF, said July 6 that it has received the 500th LNG cargo under its long-term contract with RasGas. The Al Areesh del…
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Global Gas Flaring Up Again in 2016: World Bank
Gas flaring at oilfields rose by a further 2bn m³ last year to 149.3bn m³, from just over 147.2bn m³ in 2015 and has risen in each of the three years…
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Schlumberger to Invest $700mn in Niger Delta Project
US oil services firm Schlumberger has agreed to invest $700mn in a phased Nigeria oil and gas development offshore the Niger Delta. State-run Nigerian National Petroleum…
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China Bids For San Leon
AIM-listed explorer San Leon Energy said June 30 it received a conditional takeover offer the previous day from China Great United Petroleum (Holding) worth between £0.67…
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Nigerian Cabinet Approves Gas Master Plan
Nigeria's federal government has approved a gas master plan, proposed by minister of state for petroleum resources Ibe Kachikwu. He confirmed the approval during the 5th…
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Phased Enacting of Nigeria's Petroleum Bill Thwarted
Nigeria's federal House of Representatives has set up an ad-hoc committee to review the Petroleum Industry Governance Bill (PIGB), part of which was passed May 25 by the Senate…
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Nigeria to Add Just 340MW by End-17
Nigeria’s federal government last week revealed plans to add just 340 megawatts effective gas-fired generation capacity to the grid this year. Power minister Babatunde…
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FLNG Backer New Age Names CEO
New Age, the Jersey-based privately-held Africa-focused independent, has appointed David Stoopin as CEO with effect from June 16. Founder Steve Lowden, who remains chairman,…
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Nigeria Gas Production Rises, But So Do Threats
Nigeria’s gross gas production in March 2017 reached 226.91 billion ft³ (6.4bn m³), according to the latest report from state-run Nigerian National Petroleum…
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Shell Publishes 2016 State Payments
Shell has published its payments made to governments in 2016 where it is upstream operator. Its June 13 report details payments in 31 countries and is the second such…
