DPR receives $500m gas investment proposals in 1 year
The Department of Petroleum Resources (DPR) has received about $500 millon gas development investment proposals since the implementation of the Nigerian Gas Transportation Network Code (NGTCN) began a year ago.Mr Sarki Auwalu,!-->!-->!-->!-->!-->…
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Power Export: Ethiopia Earns Over $90.5m from Neighbours
By Teddy Nwanunobi
The Ethiopian Electric Power (EEP) has announced that Ethiopia has secured more than $90.5 million revenue from electricity energy export to Sudan and Djibouti during the recently concluded 2020/21 fiscal year.!-->!-->!-->!-->!-->!-->!-->…
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Issues Hinder Nigeria’s Oil Output in July – Report
By Teddy Nwanunobi
Nigeria’s oil output was hindered by operational and technical problems in July, S&P Global Platts claimed that sources close to the matter said on Monday.The report further claimed that Bonny Light,!-->!-->!-->!-->!-->!-->!-->…
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Poor Investments, Projects Could Hit Nigeria, Others’s Oil Output
By Teddy NwanunobiSub-Saharan African’s largest oil and gas producers (Nigeria and Angola) are forecast to see declining crude oil and condensate production from 2021, despite the region’s keenness to rebound and ramp up investment!-->!-->!-->!-->!-->…
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OML18: San Leon Energy Announces Update on ELI Loan Repayment
By Teddy NwanunobiSan Leon Energy, the independent oil and gas production, development and exploration company focused on Nigeria, on Tuesday, provided the following update in relation to its investment in Energy Link!-->!-->!-->!-->!-->…
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Oil, Gas Will Be Relevant For Decades – DPR Boss
The Director of Petroleum Resources, Engr. Sarki Auwalu, has stated that oil and gas will still be relevant as energy source for decades despite ongoing global campaign for the embrace of energy transition. He disclosed this in his!-->!-->!-->!-->!-->…
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Experts recommend metering to curb Nigeria’s oil, gas revenue loss
Experts have recommended that the federal government puts in place meters at flow stations among other things as solution to combating Nigeria’s revenue loss in the oil and gas sector.This was agreed at a one-day sensitisation!-->!-->!-->!-->!-->…
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Muhammad Returns as NNPC Spokesperson in Fresh Shakeup
By Teddy NwanunobiA former spokesperson of the Nigeria National Petroleum Corporation (NNPC), Garba Deen Muhammad, has returned to the role to replace Dr. Kennie Obateru as the Group General Manager (GGM), Group Public Affairs!-->!-->!-->!-->!-->…
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‘How some private oil marketers exploit Nigerian govt through fuel subsidy’
President Muhammadu BuhariThe removal of Oil Subsidy in Nigeria has always been a tough decision for every administration to take. In 2012, the Goodluck Jonathan Administration removed oil subsidy, this action sparked a nationwide!-->!-->!-->…
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Oilfield Operator Demands Emission-Cutting Programmes
...Nigeria has been urged to establish a progressive strategy that guides the mining of hydrocarbons more responsiblyOperators in the upstream sector need to develop Nigeria-specific programmes to address the challenge of emissions!-->!-->!-->!-->!-->…
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