– OPEC output falls 840,000 bpd from June – survey – Saudi output falls by 860,000 bpd, biggest drop in…
Browsing: Forcados Oil Terminal
Lagos – The Nigerian National Petroleum Company Limited, NNPC, has disclosed that the Forcados oil export terminal, being operated by…
Mkpoikana Udoma Port Harcourt — The Shell Petroleum Development Company of Nigeria Limited, SPDC on Monday, lifted the force majeure…
OpeOluwani Akintayo Lagos — The Forcados terminal operated by Shell Petroleum and Development Company, SPDC, has been losing 35, 000…
OpeOluwani Akintayo 23 August 2018, Sweetcrude, Lagos — The Shell Petroleum Development Company of Nigeria Limited, SPDC has recovered over…
19 August 2018, Sweetcrude, Lagos — The Shell Petroleum Development Company of Nigeria Limited (SPDC) says it has recovered over…
Omare said shutting down the oil terminal could lead to another round of economic recession in the country.
The corporation stated that crude oil production in the country averaged 2.01 million barrels per day in July 2017.
It said the 2.01 million bpd crude production represented 3.15 per cent increase in contrast to what was produced in June, and was up by 21.58 per cent relative to the July 2016 performance.
12 September 2017, Sweetcrude, Abuja – The Nigerian National Petroleum Corporation, NNPC, says it expects that a favourable business environment…
“But over and above that, we want those involved in this trading to begin to invest in refineries. I think it’s a shame that we are still importing so much product. When the government came in two years ago, that was a major concern for us.”