By Emmanuella Anokam Motorists in the Federal Capital Territory (FCT) have expressed worry over the long queues presently experienced at fueling stations within Abuja due to scarcity of Premium Motor Spirit (PMS) known as fuel. The News Agency of Nigeria (NAN) correspondent, who went round the town on Wednesday reportsContinue Reading
By Emmanuella Anokam The Nigeria Extractive Industries Transparency Initiative (NEITI), says it has developed a Corrective Action Plan to address issues identified in its validation report by the global Extractive Industries Transparency Initiative (EITI). It said the corrective action plan had been shared with the EITI International Secretariat, outlining concreteContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture (JV) partner, Newcross Exploration and Production Ltd., have restarted production at Awoba field, Port Harcourt, Rivers. The NNPC Ltd. said the field last contributed to the Bonny Terminal in 2021 and was finally shut downContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its joint venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset. Production from the asset, also known as Madu Field, which is located in shallow watersContinue Reading
By Emmanuella Anokam The Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo, says if gas resources available in the states are harnessed and utilised, power plants and ailing industries would come alive. The Minister said this on Thursday in Abuja when he received the Governor of Akwa Ibom, PastorContinue Reading
By Emmanuella Anokam The Chief of Defence Staff, Gen. Christopher Musa, says plans are underway for a security summit aimed at tackling challenges associated with securing oil and gas installations in the country especially pipelines. Musa, who disclosed this on Thursday in Abuja when he visited Sen. Heineken Lokpobiri, MinisterContinue Reading
By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has identified the Nigerian Gas Flare Commercialisation Programme (NGFCP) 2022 as one of the critical pathways to achieving Net Zero Carbon Emission. The Commission’s Chief Executive, Mr Gbenga Komolafe, said this at its Investors’ Forum on Wednesday in Abuja. TheContinue Reading
By Yusuf Yunus Mr Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), has expressed the Federal Government’s readiness to collaborate with the Petroleum Technology Association of Nigeria (PETAN) to increase the country’s oil production and revenue. Lokpobiri said that the partnership became necessary to address the dwindling oilContinue Reading
By Emmanuella Anokam The distribution of Premium Motor Spirit (PMS) also known as fuel is gradually normalising as most fuel stations in the Federal Capital Territory (FCT) have started dispensing the product. The News Agency of Nigeria (NAN) recalls that long queues were seen at most fuel stations due toContinue Reading
By Emmanuella Anokam The Federal Government says measures are being put in place to restore oil production in view of recent concerns regarding shortfall in oil production in Nigeria in the first quarter of 2024. Sen. Heineken Lokpobiri, Minster of State for Petroleum Resource (Oil) said this in a statementContinue Reading
