FG, lack of commitment fuelling gas flaring – Operators
Federal Government has been accused of failing to show the necessary commitment needed to end gas flaring in the Nigerian petroleum industry.
This was the view of former Chairman of the Nigerian Electricity Regulatory Commission,!-->!-->!-->!-->!-->…
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Nigeria’s oil revenue rises by 129% to N9.4tr in 2018
*FG records N3.4tr deficit in 2018
*Oil price rises to $63.02
Nigeria’s oil revenue shop up by 129 percent to N9.4 trillion in 2018 buoyed by increased crude oil price.
Vanguard analysis revealed that average price of!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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‘Why It’s Difficult for NNPC to Raise Private Capital’
The Nigerian National Petroleum Corporation (NNPC) is finding it difficult to access funds from private investors to undertake most of its oil and gas operations because it is unable to show that it is transparent, efficient in!-->!-->!-->…
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Kachikwu Bags PTI Life Recognition Award
Minister of State for Petroleum Resources, Dr. lbe Kachikwu, has been conferred with the Petroleum Training lnstitute, PTI, Life Recognition Award for his exemplary leadership, uncommon feat in nation-building.
The award is also for his!-->!-->!-->…
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NNPC Declares Oil Won’t Be Discovered Any Time Soon In Northern Nigeria
...Baru said that the discovery of hydrocarbons takes many years, adding that oil was discovered in Niger Delta after 50 years of exploration
Nigeria National Petroleum Corporation, NNPC has declared that it will take a several!-->!-->!-->…
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Dangote discloses how much petroleum products from his Refinery will be sold
The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at Federal Government’s regulated price.
This ends the speculation!-->!-->!-->…
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PENGASSAN, NUPENG urge FG To Pass PIB
The leadership of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association (PENGASSAN) have urged the federal government to expedite passage of the Petroleum Industry Bill (PIB).
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‘Dangote Refinery Will not sell petrol at Regulated Price’
The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at Federal Government’s regulated price.
This ends the speculation about how!-->!-->!-->…
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Nigeria’s Oil & Gas Has Capacity To Achieve 40bn Barrels Reserve Projections…
James Shindi is the chief executive officer, Brevity Anderson, organisers of the annual Nigeria International Petroleum Summit (NIPS) which held last week in Abuja, In this interview recently, he told Leadership about Nigeria’s oil and gas!-->…
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Buhari Plans Frontier Basins’ Exploration
President Muhammadu Buhari yesterday said that the next step towards the achievement of a more prosperous Nigeria is to ensure the intensification of efforts at the exploration of the nation’s frontier basins.
Addressing a mammoth!-->!-->!-->…
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