Nigeria

BMI View: Nigeria National Petroleum Corporation announced in February that it would raise US$1.6bn to acquire six new LNG carriers to fulfil its contractual obligations in Europe.... 2013-02-25

BMI View: Nigeria's plans to launch its first oil bidding round in five years are likely to be undermined by the uncertainty surrounding the Petroleum Industry Bill (PIB). International... 2012-10-29

BMI View: NNPC is aiming to more than double its production of LNG, which could take place if currently proposed or planned LNG projects - Olokola LNG, Brass LNG and a seventh train... 2012-09-28

BMI View: Shell's US$4bn project to harness associated gas will benefit the environment while providing fuel for both the domestic market and some exports. However, the project demonstrates... 2012-07-30

BMI View: A 58% upward revision in reserve estimates for OML30, which Heritage Oil is in the process of acquiring, looks set to reverse the company's downward trading trends. Beyond... 2012-07-20

BMI View: The construction of six new refineries in Nigeria could help decrease the country's imports of refined products and ease the country's hefty fuel subsidies bill. We highlight... 2012-07-09

OPEC has left its official production quota unchanged at 30mn barrels a day (b/d) despite a steep fall in oil prices over recent weeks. While the ceiling remains unchanged, the big... 2012-06-15