Reuters | Doowe Gas

Bonny Light crude programmes finally emerge but Forcados still delayed

Three months of loading programmes for Nigeria’s key grade Bonny Light emerged on Friday. Exports of Nigeria’s Bonny Light crude oil are set to fall in September to five cargoes from seven in August, a loading programme from a trade...

July 23, 2018

Green Post

Nigeria plans to boost oil output as price hits $65

Less than two weeks after the Organisation of Petroleum Exporting Countries (OPEC)’s decision to extend oil production cuts, Nigeria and Libya are planning to raise output next year. Oil price has hit $65, the highest in 30 months. Brent crude...

December 13, 2017

Green Post

Shell considers investment in Niger Delta gas project

Osagie Okunbor, managing director of Shell Petroleum Development Company of Nigeria (SPDC), has said Shell is considering whether to invest in a gas project in Nigeria’s southern Niger Delta energy hub, Reuters reports. Nigeria has the world’s ninth largest proven...

June 21, 2017

Green Post

UPDATE 1-Nigeria’s June oil exports poised to hit 15-month high on Forcados plan

Nigeria issued its first Forcados oil loading plan since 2016, putting the nation’s June oil exports on track to hit their highest level in at least 15 months. The plan, if realised, would return loadings by Nigeria, normally West Africa’s...

June 3, 2017