OPEC Set for Legal Workshop on National Climate Laws
By Teddy NwanunobiThe Organisation of Petroleum Exporting Countries (OPEC) will, on Monday, October 18, jointly host the Third Annual Legal Workshop, with the Energy Charter Secretariat (ECS) and the OPEC Fund for International!-->!-->!-->!-->!-->…
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IOCs Mull Leaving Nigeria Operations Over Litigations – Sylva
By Teddy NwanunobiThe Minister of State for Petroleum Resources, Chief Timipre Sylva, on Tuesday, hinted that many international oil companies (IoCs) are currently contemplating leaving their onshore operations in Nigeria, as a!-->!-->!-->!-->!-->…
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Nigeria Loses N221bn to Ageing Oil Facilities in July
"Nigeria’s struggle to up its production capacity also mirrors the impact of OPEC+ on the country’s oil facilities"
By Teddy NwanunobiNigeria’s seeming loss of its most priced natural resource, crude oil, continued in July, with!-->!-->!-->!-->!-->!-->!-->…
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Africa Petrol Refiners to Discuss Energy Transition at 2021 Conference Week
"The virtual conference would serve as a means of finding lasting solutions to the challenges bedevilling the future of African downstream oil industry"Major players in the downstream segment of the petroleum industry in Africa!-->!-->!-->!-->!-->!-->!-->…
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Prevail on NLNG to recognize us as host community – Finima
Finima, Bonny Island
Finima Community in Bonny Local Government Area of Rivers State, has charged the National Assembly to prevail on the Nigerian Liquefied Natural Gas Limited, to recognized them as its host community.The!-->!-->!-->!-->!-->!-->!-->…
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Nigeria supplied 4,095mmscfd domestic gas to GENCOs in 4 months
"Orice of Gas to power has been reduced from $2.50 to $2.18 with immediate effect"Domestic gas supply to gas-fired generating plants, GENCOs, across the country rose by 516 million standard cubic feet per day (mmscfd) to!-->!-->!-->!-->!-->…
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Sylva meets with kinsmen, drums support for PIA
Minister of State for Petroleum Resources Chief Timipre Sylva has drummed up support for the Petroleum Industry Act (PIA) from the Niger Delta region.Sylva who spoke over the weekend in Yenagoa, Bayelsa State during a meeting with!-->!-->!-->!-->!-->…
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NNPC, Others Begin 50MW Maiduguri Gas Plant Construction
By Teddy Nwanunobi
The Nigerian National Petroleum Corporation (NNPC), in collaboration with Chinese and American firms, have begun the construction of a 50 megawatts gas power plant in Maiduguri, Borno State.Approved by!-->!-->!-->!-->!-->!-->!-->…
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Army Starts Fuel Deliveries in UK
By Teddy Nwanunobi (with agency report)
As parts of the UK continue to struggle with supplies of fuel, the army has begun helping to deliver the product to the petrol stations.Around 200 soldiers, half of them drivers, were!-->!-->!-->!-->!-->!-->!-->…
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LPG: NLNG Gives Insight on High Price
By Teddy NwanunobiAs price of liquefied petroleum gas (LPG) also known as cooking gas, spikes further across various parts of the country, indications have emerged that marketers’ inability to off-take 450,000 metric tons per annum!-->!-->!-->!-->!-->…
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