Osinbajo to Speak at LPG Summit 2019
-By Kenny Folarin
Vice President, Prof. Yemi Osinbajo, will set the tone for discussion of crucial industry issues as the special guest of honour and keynote speaker at the forthcoming 2019 edition of the Nigeria Liquefied Petroleum Gas!-->!-->!-->…
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Nigeria will conduct bid rounds in ultra deep waters next year -Kyari
Nigeria National Petroleum Corporation (NNPC) Group Managing Director Mele Kyari has said Africa biggest oil-producing country will conduct bid rounds in oil fields within the Ultra-deep waters next year.
Speaking at the ongoing !-->!-->!-->…
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Subsidy on petrol now N18.68/litre – PPPRA
The current open market price for Premium Motor Spirit, popularly known as petrol is N163.68 per litre, the Petroleum Products Pricing Regulatory Agency stated on Monday.
PPPRA stated on its website that the price of PMS as of November!-->!-->!-->…
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Deep Offshore Production Sharing Contract Act
The Deep Offshore and Inland Basin Production Sharing Contract bill earlier passed by the National Assembly was signed into law by President Muhammadu Buhari in London ten days ago. With the amendment, Nigeria is expected to earn an!-->…
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Future of Oil & Gas bright, world’s 7bn people can’t do away with it, says NNPC
Notwithstanding the forecast global oil decline, the Nigerian National Petroleum Corporation (NNPC) says with the seven billion people on the earth, oil and gas will always be relevant.
Mr Roland Ewubare, the Chief Operating Officer,!-->!-->!-->…
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Curbing the menace of smuggling of petroleum products
Latest data released by the National Bureau of Statistics (NBS) showed that importation of Premium Motor Spirit (locally referred to as petrol) declined by 11% to 1.46 billion litres in September from 1.64 billion litres in August while!-->…
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Gas Increased Demand boosts Nigeria’s N635.2bn export
Liquefied natural gas import by Asian countries increases ahead of Winter
High demand for liquefied natural gas by Asians countries has boosted export of the cargo in Nigeria.
Already, some 3.53 million metric tonnes of the natural!-->!-->!-->!-->!-->…
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Fuel scarcity hits Katsina borders …litre goes for N250
Residents lament FG’s draconian decision
With the decision of the federal government to suspend fuel supply to filling station located within 20 kilometres to the nation’s land border, fuel scarcity has hit border towns in Katsina!-->!-->!-->…
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Customs intercept 4,500 jerry cans of petrol in Kebbi
The Nigeria Customs Service (NCS), said it has confiscated 4,500 jerry cans, with 25 liters capacity of petroleum products each, at Bahindi village, Bagudo Local Government Area of Kebbi State.
Assistant Comptroller General of Customs,!-->!-->!-->…
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Oil-producing communities reek of poverty despite over N10trn 13% derivation
Despite the receipt of over N10t from the 13 per cent derivation principle between 2000 and 2018, by Niger Delta states, the deplorable living conditions in oil-producing communities remain nauseating, raising questions about the!-->…
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