PHOTOSPEAK:
Shortly after President Muhammadu Buhari's declaration of Profit After Tax of N287 billion in Year 2020 by the NNPC, the GMD Mallam Mele Kyari hosted an International Press Conference, where he fielded questions from newsmen concerning!-->!-->!-->…
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Nigeria’s gas output rose marginally by 0.3% in Q1’21
Nigeria’s gas production rose marginally by 0.3 per cent quarter-on-quarter, QoQ, in the first quarter of 2021, Q1’21, to 639.16 Billion Cubic Feet, bcf, compared to 637.24 bcf produced in the fourth quarter of 2020, latest data from!-->!-->!-->…
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NNPC, KDSG Sign MOU On Gas Utilization, Expansion
...It Will Open Up Industrialization, Kyari AssuresThe Group Managing Director of NNPC, Mallam Mele Kolo Kyari, in company of the Group Executive Director, Gas and Power, Engr. Abdulkabir Ahmed, the Group General Manager of Group!-->!-->!-->!-->!-->…
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BREAKING: Buhari Announces N287bn PAT by NNPC
By Teddy Nwanunobi
President Muhammadu Buhari, on Thursday, announced a profit after tax (PAT) of N287 billion by the Nigerian National Petroleum Corporation (NNPC).Valuechain reports that this is the first time in the!-->!-->!-->!-->!-->!-->!-->…
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PIA: NASS Will Ensure Effective Implementation – Sen. Albert
The Petroleum Industry Act (PIA) recently assented to by President Muhammadu Buhari has been described as a step in the right direction towards rejigging Nigeria’s oil and gas sector for enhanced development, productivity and!-->!-->!-->…
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We’ll Keep Promoting Gas As Alternative To Petrol, Says FG
The Federal Government will continue to promote the use of natural gas as an alternative to Premium Motor Spirit, popularly called petrol, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said.Sylva said this!-->!-->!-->!-->!-->…
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Dangote Refinery: 20% Stake Will Ensure Crude’s Bought Locally – NNPC
*Orders investigation of 103m litres daily fuel evacuation
*You made our day – Reps
By Teddy NwanunobiThe Nigerian National Petroleum Corporation (NNPC), on Wednesday, explained that it bought 20 per cent into the Dangote!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Petroleum marketers demand compensation as PMS sells N450 per litre in Imo
Filling Stations operating in Owerri, on Wednesday shut down their businesses to protest the refusal of payment of compensation to one of their members whose filling station was damaged by former Governor Rochas Okorocha’s!-->!-->!-->…
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DPR, SON Move to Curb Substandard Lubricant
By Teddy Nwanunobi
The Department of Petroleum Resources (DPR) has disclosed that it is collaborating with the Standards Organisation of Nigeria (SON) to curb the manufacturing and sale of substandard lubricants in the country.!-->!-->!-->!-->!-->!-->!-->…
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TotalEnergies to Project Energy Opportunities in Nigeria
By Teddy Nwanunobi
TotalEnergies is documenting large oil and gas opportunities in Africa which the company is set to promote at the upcoming Africa Exploration and Production (E&P) Summit.Valuechain reports that the!-->!-->!-->!-->!-->!-->!-->…
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