Oando is optimistic that Nigeria can boost its production, despite the troubles the country has seen over the past year with flow disruptions. Pade Durotoye, Oando CEO, said while speaking at the Africa Independents Forum in London that he believed production could reach 2.2 million bpd by the end of June. Durotoye told attendees that […]

Nigeria has a new grade of crude, Forcados Light, released by Seplat from its OMLs 4, 38, and 41. The new grade replaces the regular export grade Forcados Blend. Forcados Light is shipped through a terminal at Nigeria’s Warri refinery. Seplat has confirmed that the new crude is being sent from the four fields via a […]

A pipeline feeding Nigeria’s Forcados terminal in the Niger Delta was rocked by an explosion on November 8. Local news reports indicated the attack happened while the line was undergoing repairs following a previous attack. There was also a report on November 9 from Shell that the Escravos oil facility has been shut down by […]