News

With the outbreak of the Coronavirus pandemic, and lockdown, economic activities contracted significantly, leading to low demand for crude oil and dwindling prices, thus putting pressure on oil and gas companies and other stakeholders to…
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The Federal Government through the Ministry of Petroleum Resources has objected to the tactics adopted by South African company, Metallon Corporation Limited to takeover LEKOIL Nigeria Limited. The objection is contained in a letter…
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A coalition of nine militant groups under the aegis of Reformed Niger Delta Avengers, RNDA, yesterday, backed out of peace talks with the Federal Government, accusing President Muhammadu Buhari of not doing well for Niger Delta and…
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A tanker explosion has occurred on both lanes around Toyota bus-stop inwards mile 2, along Oshodi/Apapa expressway. As at the time of filing this report, emergency response teams were already on ground. The Nation gathered…
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A gas pipeline on Wednesday, exploded in Oduoha community, Emohua Local Government Area of Rivers State, creating heavy impact on the environment and causing residents to desert the community for safety. The cause of the explosion is…
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*Say creeks, shorelines impacted *Lament poor catch, looming hunger Residents of Sangana and other coastal communities in Akassa Kingdom in Brass local government area of Bayelsa State have cried out over loss of their livelihood…
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Consumers of the Liquefied Petroleum Gas, LPG, would have more domestic supply, as the Nigeria LNG Limited, has started the supply of 450,000 metric tonnes, MT in 2021. A company source, who confirmed the development, said the product…
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Despite its huge oil reserves, Nigeria attracted only four percent of Africa’s $75 billion oil and gas investment in four years (2015-2019) because of the delay in the passage of the nation’s Petroleum Industry Bill, PIB into law,…
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The Department of Petroleum Resources (DPR) has called on users and sellers of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, to strictly  adhere to safety rules in the light of the harmattan season. Mr Musa…
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Liquefied natural gas traders anticipate a swift demand recovery in 2021 after a year in which the coronavirus pandemic prompted dramatic price swings. Colder weather in key importing nations, outages at major production hubs and…
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