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Nigeria Natural Gas Prices News is an EIN News Service for energy industry professionals. Constantly updated news and information about Nigeria Energy.
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Latest Nigeria Natural Gas Prices News

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  • MARKET WATCH: Crude prices slip in second session 16 Nov 2009 19:34 GMT
    ... a 3% drop in the Nov. 12 price of crude (OGJ Online, Nov. 13, 2009). ... meeting are helping to fuel crude's rally. Natural gas is also trading slightly higher today as ... noted, “Peace continues to hold in the Nigerian Delta and over the weekend the managing ...

  • Italy judge rejects block of Eni in Nigeria 22 Nov 2009 17:32 GMT
    ... Eni and its unit Saipem with the Nigerian National Petroleum Corporation (NNPC), an Eni lawyer ... than $6 billion to build Nigerian Liquified Natural Gas facilities. The TSKJ consortium was headed by ... a production cut given the current oil price,” he said. “A cut at this price, ...

  • With robust supply, FERC staff says winter price spikes will be 'less severe' 19 Nov 2009 22:30 GMT
    ... "When severe weather occurs this winter, the price of gas will spike. However, all things ... averaged 1.2 Bcf/d of LNG into the natural gas system in 2009. Although 19% higher than ... Asia, and extended supply outages in Algeria, Nigeria and Norway have moderated demand for additional ...

  • Oil prices down as US economic growth expected to weaken 25 Nov 2009 07:53 GMT
    ... KUALA LUMPUR, Nov 25 (KUNA) -- Oil prices slipped to below USD 67 per barrel ... distillates dropped 2.36 million to 166.9 million. Nigeria's Petroleum Minister Rilwanu Lukman said Tuesday that ... than 2008. The Asian country's imports of natural gas and coal dropped as the use ...

  • Pacific Asia Petroleum, Inc. Signs Purchase and Sale Agreement Covering Rights in the Oyo Oilfield in Nigeria 23 Nov 2009 14:11 GMT
    ... located approximately 75 miles off the Southern Nigerian coast in deep-water. Operation of the Oyo ... exploration and production of crude oil and natural gas in West Africa and South America ... predict. Among the factors are changes in prices of, demand for and supply of crude ...

  • Pacific Asia Petroleum, Inc. Signs Purchase and Sale Agreement Covering Rights in the Oyo Oilfield in Nigeria (BIZ) 23 Nov 2009 14:10 GMT
    ... located approximately 75 miles off the Southern Nigerian coast in deep-water. Operation of the Oyo ... exploration and production of crude oil and natural gas in West Africa and South America ... predict. Among the factors are changes in prices of, demand for and supply of crude ...

  • Peak oil review - Nov 16 16 Nov 2009 11:56 GMT
    ... the publication highlights the increasing role of natural gas and the difficulties in exploiting it. It ... much meaning. The debate continues between oil price fundamentalists who say oil is far too ... declines rather than expand capacity. (11/13,#10) In Nigeria, investment in the downstream sector, particularly in ...

  • Deregulation As a National Albatross [analysis] 20 Nov 2009 09:18 GMT
    ... have accumulated over many decades. On the Nigerian landscape are incidences of widespread insecurity, ailments ... numerous solid minerals and abundant petroleum and natural gas resources for the welfare of its ... the products continue to be sold at prices regulated by government. The problems confronting the ...

  • TUC gives tips on successful deregulation 23 Nov 2009 19:53 GMT
    ... country, the Trade Union Union Congress of Nigeria (TUC), has given some essential tips perceived ... the immediate past President of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), said: ... get the benefit of a reduced crude price. This is so because crude export is ...

  • Sudan Oil and Gas Report Q4 2009 - new report released 16 Nov 2009 17:34 GMT
    ... has the greatest production growth potential, with Nigerian exports set to soar if it can ... resolve recent quasipolitical issues. In terms of natural gas, the region in 2008 consumed 115bn cubic ... are now assuming an average OPEC basket price of US$55.00 per barrel (bbl), a 41.5% ...

  • /C O R R E C T I O N -- BJ Services Company/ 24 Nov 2009 00:45 GMT
    ... to the same period a year ago. Natural gas drilling was 5% lower sequentially, and ... lower sequentially, and North America natural gas prices show little sign of meaningful near-term recovery. ... the North Sea and lower activity in Nigeria and the Netherlands. Operating income margin for ...

  • Palinology: A Dinosaur Energy Policy 25 Nov 2009 00:14 GMT
    ... supply. The same figures are true for natural gas. If we continue to play in the ... will forever be dwarfed by the Arabs, Nigerians, Russians, and Venezuelans." That suits the petroleum ... oil, perpetuating the U.S. economy's vulnerability to price shocks and supply disruptions. If we deplete ...

  • Research and Markets: Equatorial Guinea Oil and Gas Report Q4 2009 16 Nov 2009 16:37 GMT
    ... has the greatest production growth potential, with Nigerian exports set to soar if it can ... resolve recent quasi-political issues. In terms of natural gas, the region in 2008 consumed 115bn cubic ... are now assuming an average OPEC basket price of US$55.00 per barrel (bbl), a 41.5% ...

  • WSP Holdings Announces Third Quarter 2009 Results 24 Nov 2009 12:30 GMT
    ... and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country ... quarter reflect significantly lower demand and lower prices for its products in light of the ... and new customer wins in markets in Nigeria and Algeria. Sales volume for API products ...

  • North African chemical markets have plenty of potential 16 Nov 2009 00:16 GMT
    ... An abundant supply of natural gas feedstock, expanding markets and improving political stability ... the arid landscapes of Libya, Algeria, Tunisia, Nigeria, Egypt or Morocco - the only countries ... could get the gas for an attractive price then you could probably justify building there, ...


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