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Mixed fortunes for oil and gas in Nigeria

NIGERIA PETROLIt has been a week of mixed fortunes for the Nigerian oil and gas industry, with crude oil exports set to rise but gas operations continue to be hampered by vandalism

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Kenya oil terminal relocation plan moving along

Mombasa Port MEAACT PHOTO STUART PRICE Wikimedia CommonsKenya Ports Authority (KPA) is finalising the preliminary designs for the planned relocation of the Kipevu oil terminal in Mombasa

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Colonial Pipeline fuels a surge in attacks on oil and gas pipelines: Obrela study

AdobeStock 69730102Following the attack on Colonial Pipeline, the whole oil and gas industry came under increased attack throughout the last quarter, according to Obrela Security Industries’ Q2 Digital Universe Study

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Demand for light product to stagnate in future, says McKinsey

McKinsey copyA research report released by McKinsey & Company has predicted that the demand for light product (gasoline, diesel/gasoil, jet/kero, including biofuels) will plateau by the mid-2020s, even in the case of a delayed energy transition

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NNPC seeks US$1bn fill-in funding for AKK pipeline project

oil pipeline AKKThe Nigerian National Petroleum Corporation (NNPC), through the federal government, is seeking US$1bn with an aim to continue work on the US$2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, after Chinese lenders, which had pledged to provide the majority of the funds, failed to disburse cash as timely as expected

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