Oil giants seeking new profits …prepare to exit polluted Niger Delta
After years spent scooping up billions in profits from the Niger Delta, multinational oil companies Chevron, Shell and Eni are deserting the rich ecosystem that now bubbles with dirty oil, dead fish and polluted air –!-->!-->!-->!-->!-->!-->!-->…
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PIB: Time Up For PPPRA, Others As Harmonisation Nears Completion
The Petroleum Products Pricing Regulatory Agency (PPPRA) and other key agencies in Nigeria’s multi-billion dollars oil and gas industry are at the eleventh hour of their existence in their present form.
This comes as harmonisation of!-->!-->!-->…
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NGA Set for 3-day Training Course
By Teddy Nwanunobi
All is set for the Nigerian Gas Association (NGA) three-day, tagged, 'Understanding the Natural Gas Value Chain End-to-End', which runs from Tuesday, July 27 to Thursday, July 29.
NGA stated that delegates, at the!-->!-->!-->!-->!-->…
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NGA Set for 3-day Training Course
By Teddy Nwanunobi
All is set for the Nigerian Gas Association (NGA) three-day, tagged, 'Understanding the Natural Gas Value Chain End-to-End', which runs from Tuesday, July 27 to Thursday, July 29.
NGA stated that!-->!-->!-->!-->!-->…
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PIB abolishes payment of gas flare penalties to host communities
*Specifies how fund is to be utilised*Empowers oil firms to deny funding to communities’ trust fund
The controversies surrounding the Petroleum Industry Bill (PIB), recently passed by both chambers of the National Assembly seem!-->!-->!-->…
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FG loses funds to non-performance of Atala oilfield, others — Sylva
The Minister of State, Petroleum Resources, Mr. Timipre Sylva, said the federal government has lost revenue in taxes, royalties and other payments on the Atala oilfield located in Bayelsa including 10 others revoked in April 2020.
The!-->!-->!-->…
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Tokyo Olympics: Team Nigeria shines as Oshonaike, Toriola enter record books
Team Nigeria shot into reckoning when two of her athletes, Segun Toriola and Funke Oshonaike entered into history book( Club 7) as rare athletes to have competed seven times at the Olympics.
Standing taller in the exclusive club!-->!-->!-->…
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Cost of filling 12.5kg gas cylinder hits N6,200 …up by 55% in 7 months
The cost of filling a 12.5kg cylinder of cooking gas has increased from N4,000 in December 2020 to N6,200 as at July 24, 2021. This is about a 55% increase in the price.
This was confirmed by our analyst after conducting interviews with!-->!-->!-->…
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NNPC: Nigerians Spent N2.07tn on Petrol in 12 Months
The Nigerian National Petroleum Corporation (NNPC) has revealed that it sold a total of N2.106 trillion of refined products to Nigerians between February 2020 and February 2021, with petrol taking a huge chunk of N2.070 trillion of the!-->…
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‘Natural gas stations established across Egypt with unprecedented rates’
Egypt's Petroleum Minister Tarek El-Molla has said that the petroleum sector succeeded in establishing natural gas fueling stations with unprecedented rates nationwide, since the launch of President Abdel Fattah El Sisi’s initiative to!-->…
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