| Nigeria Oil Industry News |
The Nigerian Oil Industry is the mainstay of the country's economy,
producing over 90% of of all foreign exchange revenue. Crude reserve
estimates vary, but were estimated in 2005 to be about 35.3 billion
barrels. New discoveries continue to push these estimates up yearly.
Commercial discoveries made by oil majors such as Shell, Exxon-Mobil
and Texaco have also helped generate more interest in the region.
Most of Nigeria’s crude oil production, comprising 10 major
crude streams (including condensate), is light sweet crude, API grades
21-45, with a low sulphur content. Nigeria's marker crudes on the
International oil market are Bonny Light and Forcados.
Upstream Oil Industry Projects in Nigeria
Downstream
Oil Industry Projects in Nigeria |
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| Current Nigerian Oil Industry
News |
Updated :
ABUJA, Nigeria, Aug. 25 (UPI) -- It is too early to criticize a U.N.-backed examination into oil spills in the Niger Delta, a U.N. environmental group said. Amnesty International is criticizing the U.N ...
Publ.Date : Wed, 25 Aug 2010 19:30:00 GMT
Lagos — Nigeria's crude oil export, which had stabilised at 2.5 million barrels per day in the last three weeks, has declined as Shell declared force majeure on the export of Bonny Light following production ...
Publ.Date : Thu, 19 Aug 2010 09:50:00 GMT
LAGOS, Nigeria — When the sun sets in Nigeria, candle flames dance against the darkness, flashlights bob down empty streets and thousands of diesel generators cough to life. This nation has more than enough ...
Publ.Date : Sat, 28 Aug 2010 04:10:00 GMT
LAGOS, Nigeria - Police believe unknown gunmen killed a Nigerian gang leader accused of helping rig the 2007 election in the nation's oil-rich and violence-wracked southern delta, authorities said Wednesday, though ...
Publ.Date : Wed, 25 Aug 2010 16:46:00 GMT
LAGOS , Nigeria (AP) — While Nigeria's president remains silent on whether he'll seek the oil-rich nation's highest office in upcoming elections, the campaign has all but begun on the Internet. A new website ...
Publ.Date : Fri, 20 Aug 2010 23:25:00 GMT
Warri — PRESIDENT Goodluck Jonathan has charged Christians and Muslims to unite in the fight against retrogressive forces to enable Nigeria move forward and take its rightful place in the comity of nations ...
Publ.Date : Tue, 17 Aug 2010 12:16:00 GMT
A former militant accused of helping rig 2007 elections in Nigeria is believed to have been shot dead in an ambush, police said Wednesday, sparking fears of unrest before upcoming polls. Armoured vehicles were ...
Publ.Date : Wed, 25 Aug 2010 17:50:00 GMT
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| Nigerian Oil & Gas
Industry Links |
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United States Government
United States Department of Energy - Energy Information Administration
- Country Brief - Nigeria
CIA
World Factbook on Nigeria
U.S.
State Department's Consular Information Sheet - Nigeria
Associations and Institutions
Nigerian
National Petroleum Corporation
Governmental Agencies
Nigerian Goverment
Bureau of Public Enterprises
Nigerian Embassy in the US
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