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Industry
Train-7: Rivers Assures Investors Project Safety
The Rivers State Government has assured investors of the safety of the $10 billion Train-7 project of the Nigeria Liquefied Natural Gas Limited, saying the successful commencement was enough proof that the state was safe contrary!-->!-->!-->!-->!-->…
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NNPC Records ₦43.57bn Trading Surplus in April
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing a 23.64% increase over the ₦35.24bn surplus it recorded in the previous month of March 2021.
This is contained!-->!-->!-->!-->!-->…
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LPG price skyrockets, deforestation worsens despite 206t SCF deposit
• More Women May Die From Firewood, Charcoal Smoke• Nigerians Groan As Naira Devaluation, Global Pricing Keep Price High • FG Insists Domestication Critical To Bringing Down Price
The soaring price of Liquified Petroleum Gas (LPG)!-->!-->!-->!-->!-->…
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DPR clinches Best Exhibitors Award at SPE 2021 Conference and Exhibition
Regulator of the Nigerian oil and gas industry, the Department of Petroleum Resources (DPR), has been recognized as the best exhibitor at the 2021 Society of Petroleum Engineers (SPE) Nigeria Annual international Conference and!-->!-->!-->…
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Nigeria’s Oil Production Critically Challenged As IOC’s Shift Priorities
There is palpable concerns that Nigeria is facing critical challenges in meeting its set oil target as international oil companies are shifting their investment priorities,
Also, Angola, is facing similar challenges and will have to!-->!-->!-->!-->!-->…
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Gas: NLC Rejects $2.18/MSCF Price, Demands $1.5/MSCF
By Teddy Nwanunobi
The leadership of the Nigeria Labour Congress (NLC) has rejected the Federal Government’s recent approval to reduce the domestic gas prices for electricity generation from $2.50 to $2.18 per million standard!-->!-->!-->!-->!-->…
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Okowa Wants Nigeria’s Crude Oil Production Monitored Adequately
By Teddy Nwanunobi
In order to ensure transparency and accountability in Nigeria’s oil and gas sector, and ascertain the correct volume, the Governor of Delta State, Ifeanyi Okowa, has called for proper monitoring of the nation’s!-->!-->!-->!-->!-->…
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Gas: NLC Rejects $2.18/SCF Price, Demands $1.5/SCF
By Teddy Nwanunobi
The leadership of the Nigeria Labour Congress (NLC) has rejected the Federal Government’s recent approval to reduce the domestic gas prices for electricity generation from $2.50 to $2.18 per standard cubic feet!-->!-->!-->!-->!-->…
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Smuggling: 26,300 Filling Stations to Lose Their Operating Licences
·As DPR deploys inventory tool to check diversion, issues December deadline
By Teddy Nwanunobi
No less than 27,300 filling stations are to lose their operating licences from the Department of Petroleum Resources (DPR), after the!-->!-->!-->!-->!-->!-->!-->…
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NCDMB Wins Valuechain’s ‘Best Public Agency of the Year’ Award
By Teddy Nwanunobi
The Nigerian Content Development and Monitoring Board (NCDMB) was, on Monday, July 12, awarded the ‘Best Public Agency of the Year’ Award by the Valuechain Oil & Gas Magazine for its second to none service!-->!-->!-->!-->!-->…
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