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Industry
Demarcating Gas from Petroleum: A Strategic Move for Nigeria’s Energy Future
Rt. Hon. Ekperikpe Ekpo
By Gideon Osaka
For decades, Nigeria has been ramping up efforts to deepen gas investments to meet domestic gas needs and exports. Lack of attention on gas development for years meant that the gas sector was!-->!-->!-->!-->!-->…
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UTM FLNG Limited Secures License to Construct Nigeria’s First Floating LNG Facility
By William Emmanuel Ukpoju
In a significant milestone, the Federal Government of Nigeria has granted UTM FLNG Limited the "License to Construct" (LTC) for the country's pioneering Floating Liquefied Natural Gas (FLNG) facility. This!-->!-->!-->!-->!-->…
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Navigating the Energy Future: A Pathway to Sustainability
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By Patience Chat Moses
As the world grapples with the complexities of the evolving energy landscape, it's clear that a multifaceted approach is necessary. To address the challenges ahead, diversification and!-->!-->!-->!-->!-->…
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The Energy Revolution: How ExxonMobil’s 2024 Outlook Foresees a More Sustainable Future
By William Emmanuel Ukpoju
The global energy landscape is at a crossroads, poised between the traditional dominance of fossil fuels and the rising tide of renewable energy sources. As the world grapples with the dual challenges of!-->!-->!-->!-->!-->…
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FG Launches CNG at N230 Per Litre Begins Vehicle Conversion in 8 States
By Adaobi Rhema Oguejiofor
Since the removal of fuel subsidies and the increase in the pump price of Premium Motor Spirit (PMS) otherwise known as petrol, by over 300 per cent, the government has made efforts to alleviate the burden!-->!-->!-->!-->!-->…
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Contractor to provide update on PH refinery ‘before October 2’
Maire Tecnimont SpA, the contractor in charge of the Port Harcourt refinery rehabilitation, says it will provide information on the completion date on or before October 2.
The Italian company spoke through Olajide Oyewole LLP, a law!-->!-->!-->!-->!-->…
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Drop in Petrol Landing Cost to N981 per Litre
The landing cost of petrol, known as Premium Motor Spirit, has fallen to N981 per litre, as reported by the Major Energies Marketers Association of Nigeria on Thursday. This marks a decrease from approximately N1,130 in recent weeks,!-->!-->!-->…
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NCDMB, Triple Helix to Host Research & Innovation Confab
By Adaobi Rhema Oguejiofor
The Nigerian Content Development and Monitoring Board (NCDMB) has announced its partnership with Triple Helix Nigeria (THN) to host the maiden edition of the SciBiz Annual Conference 2024 in a bid to!-->!-->!-->!-->!-->…
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Rep accuses NNPC, marketers of creating monopoly in fuel distribution sector
A lawmaker representing Yenagoa/Opokuma Federal Constituency, Bayelsa State, Oboku Oforji, on Thursday, accused the Nigerian National Petroleum Company Limited (NNPC) and major marketers of creating a monopoly in the distribution of!-->!-->!-->…
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PENGASSAN Blames Naira Devaluation for Rising Petrol Prices, Not Subsidy Removal
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has attributed the ongoing increase in petrol prices to the floating of the naira, rather than the removal of fuel subsidies.
Festus Osifo, President of!-->!-->!-->!-->!-->…
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