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Finance Act Restricts Gas Utilization Incentives To Specific Operations
*Nigerian Companies can only obtain gas utilisation incentives for specific operations and not for the whole companyThis amendment is contained in the Finance Act 2020, which was signed into law by the President Muhammadu Buhari in!-->!-->!-->…
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WES: Oil will account for 44% by 2050 – Kyari
By Teddy NwanunobiGroup Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has declared that, “Oil will continue to be a crucial component of the world’s future energy”, adding that it is!-->!-->!-->…
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Why Women are key to Nigeria’s Decade-of-Gas target – NNPC
* Kyari at WEIN/REIN Conference, promises Corporation’s continuous inclusion of women in energy value chainThe Nigerian National Petroleum Corporation (NNPC) has said that the contributions of women are key to the achievement of the!-->!-->!-->…
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FG Committed To Making Gas Cylinders Affordable, Says Sylva
Chief Timipre Sylva, Minister of State for Petroleum Resources, says the Federal Government is committed to making Liquefied Petroleum Gas (LPG) cylinders available to Nigerians at affordable prices.The News Agency of Nigeria (NAN)!-->!-->!-->…
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Nigeria Signs Deal with Morocco on Phosphate Import, Ammonia Export
The federal government and the Kingdom of Morocco yesterday signed five strategic Memorandum of Understandings (MoUs) to enable Nigeria begin the importation of phosphate used in the production of fertilisers, from the North African!-->…
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WTO: Okonjo-Iweala’s Emergence as DG Excites OPEC SEC-Gen Barkindo
Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Mohammad SanusiBarkindo, has expressed excitement over the ratification of Dr. Ngozi Okonjo-Iwuala as the director-general of World Trade Organisation.In a!-->!-->!-->…
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NNPC increases gas to power supply by 149mmscfd
The Nigerian National Petroleum Corporation, NNPC has increased gas supply for power generation by 149milllion standard cubic feet per day (mmscfd).In its latest monthly operations report, the Corporation said it supplied 640mmscfd of!-->!-->!-->…
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Schneider Electric Accelerates its Sustainability Strategy
…Comes Top in Corporate Knights Ranking of World’s Most Sustainable CorporationsSchneider Electric, the leader in the digital transformation of energy management and automation, on Monday, doubled down on its long-standing!-->!-->!-->…
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Savannah Energy announces 2020 trading update and guidance for 2021
Savannah Energy, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, has announced a trading update for the full year 2020 and guidance for the!-->…
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PwC projects Nigeria to drive Africa’s gas supply from 2021
Noting that much of Africa’s gas supply growth will come from Nigeria, PwC, in its Africa Oil and Gas Review 2020, themed energising a new tomorrow, added that the positive outlook for natural gas, which is often termed the renewable!-->…
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