TAG: FORCADOS TERMINAL

Finally, Forcados is back…the nuggets

Finally, Forcados is back…the nuggets

Nigeria’s major oil export platform Forcados Oil terminal issued its first loading plan since...


All the major economic news from Nigeria in 5 minutes – 2/6/2017

All the major economic news from Nigeria in 5 minutes – 2/6/2017

Summary of the top business, economic and political news in Nigeria today   The...


[The Nigerian Economy Today 30/5/2017]- Finally, Shell Petroleum commences loading of crude oil from Trans-Forcados pipeline

[The Nigerian Economy Today 30/5/2017]- Finally, Shell Petroleum commences loading of crude oil from Trans-Forcados pipeline

Summary of the top business, economic & political news in Nigeria.   President Muhammadu...


In secret, corporates come clean about their outlook for the economy

In secret, corporates come clean about their outlook for the economy

The recently concluded Renaissance Capital Annual Pan-African Conference aptly titled Stability is Returning, provided...


The Nigerian Economy Today 18/4/2017

The Nigerian Economy Today 18/4/2017

Summary of the top business, economic and political news in Nigeria   NAIRAMETRICS BUSINESS...


Lower Oil Prices Means Lower FAAC Allocation for February

Lower Oil Prices Means Lower FAAC Allocation for February

Nairametrics| The Minister of Finance, Kemi Adeosun, said the Federal Government had shared N429.127...



Forcados: Why It’s Too Early To Celebrate Seplat

Forcados: Why It’s Too Early To Celebrate Seplat

Nairametrics| Seplat has confirmed that Nigeria’s Trans Forcados pipeline, which was shut most of...


Seplat: Why Is ABC Orjiakor Selling His Shares?

Seplat: Why Is ABC Orjiakor Selling His Shares?

On Tuesday, Seplat Nigeria Plc was the most traded stock on the Nigerian stock...


Niger Delta Militants “Greenland Justice Mandate’ Issues First Press Release for 2017

Niger Delta Militants “Greenland Justice Mandate’ Issues First Press Release for 2017

Niger Delta Militants Niger Delta Greenland Justice Mandate have issued their first press release for...


Nigeria Is Now A Big Problem For OPEC

Nigeria Is Now A Big Problem For OPEC

Last week OPEC announced a landmark deal that saw members agree a 1.2mbpd oil...


Kachikwu : I “Guess” Our Crude Oil Production Is Now 1.9mbpd.

Kachikwu : I “Guess” Our Crude Oil Production Is Now 1.9mbpd.

The Minister of State for petroleum, Dr Ibe Kachikwu has just revealed (more like...


Seplat Petroleum Plc Q3 16 – Forcados Shutdown Balloons Losses To N87 billion In 9 Months

Seplat Petroleum Plc Q3 16 – Forcados Shutdown Balloons Losses To N87 billion In 9 Months

Seplat Petroleum Development Company Plc (Seplat) published its 9M 2016 result which chiefly reflected...


Heads Up on Forcados Terminal

Heads Up on Forcados Terminal

Some days back, the Presidency announced the resumption of crude exports from the 250-300kbpd...


Analysis: The Return Of Forcados Is A Major Buy Sign For Seplat Shares

Analysis: The Return Of Forcados Is A Major Buy Sign For Seplat Shares

Retail Investors pondering over which stocks to invest in next year may have to...


Nigeria Is Offering Buyers A Discount To Buy Our Crude Oil

Nigeria Is Offering Buyers A Discount To Buy Our Crude Oil

Bloomberg is reporting that Nigeria has cut the price it sells crude for in...


Weekly Oil and Gas Roundup: The “Slavery & Nigeria’s Oil Economy”

Weekly Oil and Gas Roundup: The “Slavery & Nigeria’s Oil Economy”

A weekly roundup of oil and gas industry in...


Government Suffers 20.5% Loss in Latest Revenue Allocation

Government Suffers 20.5% Loss in Latest Revenue Allocation

Figures released by the Ministry of Finance showed that there was a 20.5% drop...


Analysis: Nigeria’s Oil Industry Is On Its Knees….Begging

Analysis: Nigeria’s Oil Industry Is On Its Knees….Begging

Anger in the Delta keeps oil majors quiet – and Nigeria’s crude offline Oil...


More woes as 4 Nigerian oil export grades are now shut under force majeure

More woes as 4 Nigerian oil export grades are now shut under force majeure

Oil Giant Shell has declared a force majeure on its Bonny Light Crude oil...


Oil Industry Weekly Review: “Nigeria has terminal illness”

Oil Industry Weekly Review: “Nigeria has terminal illness”

Banks with exposure to power and oil companies are also expected to suffer a...


Shell Just Revealed Its Worst Fears About The Niger Delta Avengers

Shell Just Revealed Its Worst Fears About The Niger Delta Avengers

We just can't...


WARNING: Why The Latest GDP Numbers Could Be Bad, Very Bad

In December 1983, martial music began playing on the airwaves on the last day...


Crude Oil Woes: A Short Tale Of Why Nigerian Economy Is In A Mess

Crude Oil Woes: A Short Tale Of Why Nigerian Economy Is In A Mess

Ibe Kachikwu Studios put out their latest movie yesterday starring Ibe Kachikwu, of course....


Seplat Presents ‘Facts Behind The Figures’ – Blazing The Gas Trail

Seplat Presents ‘Facts Behind The Figures’ – Blazing The Gas Trail

SEPLAT Petroleum Development Company Plc (“SEPLAT” or the “Company”), a leading Nigerian independent oil...


Shell Declares Force Majeure On Nigeria’s Bonny Light Over Fear Of Militant Attack

Shell Declares Force Majeure On Nigeria’s Bonny Light Over Fear Of Militant Attack

The Shell Petroleum Development Company (SPDC) has declared force majeure on exports of Bonny...


MILITANTS AT WORK: Nigeria’s Oil Production Drops To 22 Year Low

MILITANTS AT WORK: Nigeria’s Oil Production Drops To 22 Year Low

Reuters is reporting that crude oil output from Nigeria is at its 22 year...


Why We Bombed Again: Chilling Press Release From The Niger Delta Avengers

Why We Bombed Again: Chilling Press Release From The Niger Delta Avengers

The Niger Delta Avenger blew up a critical NNPC crude and gas pipelines feeding crude...


Has Seplat Just Mistimed Its Hedging As Crude Prices Rebound?

Has Seplat Just Mistimed Its Hedging As Crude Prices Rebound?

Seplat Petroleum Development Company Plc an indigenous Nigerian oil and gas firm spent $8.3...


Shell Petroleum Development Company Reports $42 Billion Remitted To FG

Shell Petroleum Development Company Reports $42 Billion Remitted To FG

Shell Petroleum Development Company (SPDC) has revealed that the company and the Joint Venture...


BOOM: Brent Crude Price Drops 5% And May be Headed Below $40

As expected the price of Brent Crude has dropped by a massive 5% in...