OIL & GAS
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FG lists 213 gas blocks for investment
The Federal Government has identified about 213 gas blocks that are open for investments. A document obtained by media source…
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Fuel subsidy to end in 2023 – Finance minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the Federal Government will do away with petroleum…
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We Discovered 295 Illegal Connections To Our Pipelines – NNPC
The Nigerian National Petroleum Company (NNPC) Limited on Wednesday said it discovered 295 illegal connections to its pipeline. NNPC…
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Nigeria Bemoans Absence Of Nuclear Power In Africa
Nigeria has expressed sadness over absence of nuclear power plants across Africa saying out of over 400 nuclear power plants…
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The $15 Billion Plan To Curtail Indonesia’s Coal Industry
The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring…
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NLNG Denies $1.2b Crude Oil Gas Theft
The Nigeria Liquefied and Natural Gas (NLNG), has refuted an online publication by a newspaper (not The Nation) alleging $the…
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Fuel Scarcity, Currency Re-design, Trigger Hike In Cost Of Food Items In Northwest – Read
Fuel scarcity, poor harvest occasioned by flooding, and the planned re-designing of Naira Notes, have combined to trigger panic-buying of…
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Nigeria’s oil production surpasses 1mbpd, FG battles theft
Nigeria’s crude oil production rose above one million barrels per day for the first time since July this year, figures…
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Conoil shareholders approve N1.73bn dividend
Shareholders of Conoil Plc have unanimously approved the proposed final dividend payment of N1.734 bn. A statement from the company…
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Oil theft suspects reject extradition, sue FG
The crew of the crude oil carrier, MT Heroic IDUN has asked a Federal High Court sitting in Abuja to…
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Ogun govt plans N3bn refinery project
Ogun State Governor, Dapo Abiodun, on Wednesday, disclosed that Gasoline Integrated International, expressed its readiness to build a N3bn…
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Nigeria spending $550m World Bank, AfDB loan on renewable electricity
• Deploys 995,396 solar home systems through 67 mini-grids The Federal Government, yesterday, in Abuja, said $550 million loan borrowed…
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Diesel, gas prices compound FX woes, inflation outlook
After weeks of relief, diesel prices appear to be on the rise again, partly in response to the volatility in…
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Shell, GE sign hydrogen gas deal
Shell Global Solutions and GE Gas Power have signed a development agreement to collaborate on Liquefied Natural Gas decarbonisation deal…
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Marketers say tough times as petrol hits N200/litre
Tankers spend over one week at loading terminal NNPC’s supply drops, many filling stations empty Scarcity may drag till festive…
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FG eyes N834tn to meet net zero target
The Federal Government has said Nigeria will require $1.9trn or N834trn to attain net zero by 2060 as part…
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‘Why illegal bunkering may not end soon in Niger Delta’
Until the Federal Government and oil companies make genuine efforts to end unemployment, hunger and insurgency in the Niger…
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OPEC Records 29.98 Million Barrels Daily Oil Output In October
The Organization of Petroleum Exporting Countries, OPEC’s crude production held steady in October after the group pledged a symbolic cutback…
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Crises Looms Over ND Western, NNPCL Operations In OML 34
Communities within the OML34, Delta State, being operated by ND-Western E&P Company and NNPC E&P Limited, may have to shutdown…
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Liberia’s President Backs Nigeria-Morocco Gas Pipeline
President of Liberia George Weah, has expressed his support for the Nigeria-Morocco gas pipeline project, a project that is set…
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