BrentexCPP, AKK Contractor Assures to Deliver Project on Time and Cost
Brentex Petroleum Services Ltd/China Petroleum Pipeline Engineering Co Ltd (CPP), one of the consortia executing Federal Government’s Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project has pledged to deliver the project on schedule and within!-->…
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NCDMB Tasks Media Stakeholders on Local Content
By EDDY OCHIGBO
Media stakeholders in the Northwest geographical zone have been tasked to create more awareness about the activities of the Nigerian Content Development and Monitoring Board (NCDMB), especially in the area of the!-->!-->!-->…
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Three Tiers of Winners Emerge in Nigeria’s Marginal Field Bid Round
Three tiers of winners are likely to emerge in the result of Nigeria’s marginal field bid round, according to indications at the Ministry of Petroleum Resources, in Abuja, the country’s capital.
The first tier refers to a list of two!-->!-->!-->…
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Nigeria earns $25m from oil and gas sector in Q3
Nigeria earned $25 million (approximately N9.5 billion) through the oil and gas sector in the third quarter of the year, according to data from the statistics office, NBS.
The National Bureau of Statistics in the report, ranked the!-->!-->!-->…
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PETROAN directs members to sell fuel at N160/litre
The Petroleum Retailers Outlets Association of Nigeria, PETROAN, has directed its members to sell premium motor spirit, commonly known as petrol, at the lower band of N160 per litre and N162 upper bandChairman of PETROAN in Rivers State,!-->…
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Forex scarcity still hampers petrol importation by Nigerian marketers
Marketers of petroleum products have said they are yet to go back to the importation business due to their inability to access foreign exchange.
According to them, sourcing dollars at the official market rate remains a challenge to them!-->!-->!-->…
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New LNG plants in Kano to help generate 10MW electricity
The Minister of State for Petroleum Resources, Timipre Sylva, yesterday, commissioned two Liquefied Natural Gas (LNG) plants in Kano State.
Sylva said the gas plants, being a success of the Federal Government’s gas programme, will!-->!-->!-->…
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Nigeria to leverage AfCFTA by becoming petroleum products refining hub – Minister
The Federal Government says it will leverage the opportunities provided by the African Continental Free Trade Area Agreement (AfCFTA) to reposition the oil and gas sector.
The government said this action would transform the country into!-->!-->!-->…
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Korean firm to cool Pfizer Covid-19 vaccine storage space with LNG
Liquified natural gas (LNG) will be used to keep extremely low temperatures in storage facilities in South Korea which will house millions of Pfizer’s Covid-19 vaccines.
According to a Reuters article, Korea Superfreeze Inc.,!-->!-->!-->…
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Nigerian Govt mulls new oilfield licensing rounds in 2021
The federal government is considering new oilfield licensing rounds next year, especially in the deep and ultra-deep waters of the Niger Delta, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele!-->…
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