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Tuesday, September 27, 2022
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Oil & Gas Trends

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How NNPC contributes to Nigeria’s dwindling oil fortunes –— Ex-Director

The Petroleum Industry Act 2021 hasn't significantly improved oil and gas operations in Nigeria, the former official says. A former Group Executive Director, Engineering and...

Nigeria’s Seplat Spent $450 Million With Firms Tied to Founders

One of Nigeria’s largest independent oil and gas producers spent more than $450 million on goods and services provided by companies linked to its...

FG says it has recovered N2.6 trillion revenue from oil companies

The Nigerian Government has revealed it has recovered the sum of N2.6 trillion revenue from oil firms through the Nigeria Extractive Industries Transparency Initiative...

NNPC seals gas pipeline project agreement with Morocco, ECOWAS

The Nigerian National Petroleum Company (NNPC) Ltd will, on Thursday, seal a Memorandum of Understanding (MoU) on gas pipeline project with the National Office...

  Over 120 people were hospitalized after a gas leak contaminated the air in Kano

Up to 120 people have been taken to the hospital because they were exposed to poisonous chemicals that leaked from an old gas cylinder...

Reps Urge NNPC to Provide Status Information on $12 Billion Natural Gas Pipeline Project in Nigeria

The Nigerian National Petroleum Company, NNPC, Limited, was asked yesterday by the House of Representatives to provide a report on the implementation, funding use,...

Nigeria produces 150m litres of engine oil yearly, consumes 250m litres, Sylva laments

By Kekinde Olatunji Minister of State for Petroleum Resources, Chief Timipre Sylva, has said Nigeria consumes about 250 million litres of engine oil yearly and this...

Blast hits Nigeria Eni oil pipeline, cuts exports

 A blast has hit an oil pipeline run by Italian producer Eni in southern Nigeria, cutting some exports and causing a crude spill, its...

NUPRC set to close 2020 marginal oilfield bid round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced on Tuesday that the 2020 marginal field bid round would be completed. According to the NUPRC,...

Asiko Energy to construct 5000MT of propane, LPG storage terminal

Liquefied petroleum gas (LPG) has become more widely available to Nigerians thanks to Asiko Energy, one of Nigeria's largest electricity and gas distribution businesses. The...

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