FG opts for gas alternative to petrol in 2020
...PIB on last trip to NASS, Sylva vows
Among other things, the Federal Government is working towards the production of Compressed Natural Gas (CNG) as an alternative fuel to the Premium Motor Spirit (PMS) petrol this year.
The!-->!-->!-->!-->!-->…
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Crude Oil Exports Contributes 82% Of Nigeria’s Dollar Transactions – NNPC
Nigerian National Petroleum Corporation (NNPC) has reported that crude oil export sales contributed $396.94 million or 82.14% of the nation’s dollar transactions in October 2019, compared with $267.97 million contribution in the previous!-->…
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NUPENG urges Chevron to pay pending benefits, as recalled members resume
Members of the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, recalled three weeks ago by Chevron Nigeria Limited CNL, following intervention of the Nigerian National Petroleum Corporation, NNPC Group Managing Director, Mele!-->…
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Helicopter operators partner for offshore opportunities in Nigeria, West Africa
Belgium-based offshore helicopter operator NHV Group has entered into a teaming agreement with the Nigerian subsidiary of Baywood Integrated Group, Tropical Arctic Logistics (TAL).
NHV said on Monday that the agreement with TAL was!-->!-->!-->…
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Nigeria exported $5.49bn of oil and gas in 12 months
Nigeria exported $5.49 billion worth of crude oil and gas between October 2018 and October 2019, a report by the Nigerian National Petroleum (NNPC) has said.
The report said that crude oil export sales contributed $396.94 million (82.14!-->!-->!-->…
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Nigeria compliant with OPEC oil output cuts – NNPC GMD
Nigeria reached its crude production quota in December under the OPEC agreement, Mele Kyari, the group Managing Director of Nigerian National Petroleum Corporation (NNPC),has said .
He also noted that OPEC quotas only apply to crude oil!-->!-->!-->…
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Nigeria sees LPG demand rise by 40% to 840,000MT
Nigeria’s domestic demand for Liquefied Petroleum Gas, LPG, increased from 600,000 metric tonnes, MT, to 840,000MT, indicating an increase of 40 per cent as at December, 2019.
Addressing members at the just concluded Annual General!-->!-->!-->…
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Eni CEO would likely step down if found guilty in Nigeria corruption case
Eni CEO Claudio Descalzi told the Wall Street Journal that if found guilty by an Italian court of corruption in Nigeria, he would likely step down from his role rather than wait for lengthy appeals.
Descalzi and others are accused of!-->!-->!-->…
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DPR intensifies surveillance on fuel stations
The Department of Petroleum Resources (DPR) has said that it had intensified surveillance to ensure maximum safety and regulatory compliance in cooking gas retailer business in Sokoto and Kebbi.
DPR Operations Controller in charge of!-->!-->!-->…
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Subsidy of N45.21 on each litre of petrol not sustainable – PENGASSAN
…Says refineries are in a stage of comatose, need to be revived
The President, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Ndukaku Ohaeri, has revealed that N45.21 subsidy paid by the Federal!-->!-->!-->…
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