YENAGOA, Nigeria – Nigerian energy firm Aiteo has successfully resumed production at its Nembe oilfield, which produces nearly 50,000 barrels per...
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Nigeria’s oil production faces disruption following the shutdown of the Nembe Creek oil field, responsible for approximately 150,000 barrels per day (bpd) of crude oil output. The shutdown was prompted by a leak detected on the Nembe Creek Trunk Line (NCTL), a crucial pipeline linking the field to the Bonny Oil Export Terminal. Aiteo Eastern […]
YENAGOA, Nigeria – Nigerian energy firm Aiteo has successfully resumed production at its Nembe oilfield, which produces nearly 50,000 barrels per...
Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aiteo Joint Venture on OML 29, verifies that following the completion...
Production at Aiteo's Nembe Oilfield has restarted post-oil leak, with enhanced safety protocols and continued spill management.
U.S. crude shipments bound for Europe fell to a two-year low in June as European buyers bought cheaper regional and West African oil, traders and...
OPEC's crude output has remained constant, hitting an average of just under 27 million barrels a day in June, 80,000 a day less than May.
The NUPRC is collaborating with industry operators to develop Nigeria's vast heavy crude oil reserves, which is only 5% developed.
It is the latest setback to hit the newly opened pipeline as Niger starts to export crude oil.
Indian ports received more Russian crude oil in June compared to the combined volumes discharged in China and Europe. India's imports of refined...
Military operations in the Niger Delta have led to recovery of N1.86bn in stolen crude, arrest of 55 oil thieves.
WORLD, June 22 (YPA) – Nigerian authorities confirmed the sabotage of an oil pipeline carrying crude oil to neighbouring Benin after a rebel...