Oil & Gas (Page 59)

By Emmanuella Anokam The Organisation of Petroleum Exporting Countries (OPEC) says global primary energy demand is forecast to increase by 23 per cent in the period to 2045, which necessitates utilising all forms of energy. The OPEC said based on its World Oil Outlook (WOO) forecast, resultantly, many of itsContinue Reading

By Emmanuella Anokam The Federal Government says the incoming administration in the country will have no difficulty administering the energy sector and positively guiding its future, based on the achievements of the current administration. President Muhammadu Buhari said this on Monday at the Banquet Hall, Presidential Villa, while declaring openContinue Reading

By Ella Anokam The appointments of Malam Mele Kyari and Mr Umar Ajiya to the Nigerian National Petroleum Company Limited (NNPC Ltd) have nothing to do with their careers in the old NNPC, according to Mr Garbadeen Muhammad, Chief Corporate Communications Officer of NNPC Limited. In a statement on WednesdayContinue Reading

By Ella Anokam The Society of Petroleum Engineers (SPE), Nigeria Council says in view of energy transition, Nigeria needs to effectively harness potential of gas resources to ensure energy security. Mr Felix Obike, the Chairman, SPE, Nigeria Council said this on Sunday in an interview with the News Agency ofContinue Reading

By Ella Anokam The Federal Government says the utilisation of gas can help to diversify Nigeria’s energy mix and reduce the country’s dependence on oil. It said in line with this President Muhammadu Buhari in 2021 declared 2021 to 2030 as “Nigeria’s Decade of Gas“, a period the government aspiredContinue Reading

By Ella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd), says Nigeria’s domestic gas infrastructure network has capacity to transport 6.9 billion Standard Cubic Feet (BCF) of gas to support power generation and gas-based industries. Malam Mele Kyari, Group Chief Executive Officer (GCEO), NNPC Ltd., made this known onContinue Reading