Oil & Gas - News Agency Of Nigeria

Sylva’s aide apologises to Nigerians over erroneous media publication

On: February 22, 2023

By Ella Anokam Horatius Egua, Media Aide to the Minister of State, Petroleum Resources, Timpre Sylva, has tendered an apology to Nigerians and industry operators, over an erroneous media publication. Egua had on Monday, released a statement credited to Sylva, titled; “Theft, Pipeline Vandalism Responsible For Volumes Of Crude Losses’.Continue Reading

Presidential panel urges stiffer penalties for crude oil thieves

By: isaac aregbesola

On: February 22, 2023

In: Oil & Gas

Retired Maj.-Gen. Barry Ndiom By Collins Yakubu-Hammer The Federal Government’ Special Investigative Panel on Oil Theft/Losses has called for deliberate conversations to drive legal reforms that would provide stiffer penalties to culpable entities involved in oil theft. The Chairman of the Panel, retired Maj.-Gen. Barry Ndiomu, made the callContinue Reading

Theft, pipeline vandalism responsible for crude losses — Sylva

By: Afonne Emmanuel

On: February 20, 2023

In: Oil & Gas

By Ella Anokam The Minister of State Petroleum Resources, Chief Timipre Sylva has attributed loss of revenue from crude production to theft, pipeline vandalism and decayed infrastructure. The minister, in a statement on Monday by his Senior Adviser, Media and Communications, Horatius Egua said in spite the challenges, the FederalContinue Reading

NNPC has 1.8bn litres of petrol in stock – Spokesman

By: Afonne Emmanuel

On: February 20, 2023

In: Oil & Gas

By Ella Anokam The Nigerian National Petroleum Company Ltd., (NNPC Ltd.) says it has 1.805 billion litres of petrol in stock. Its spokesman, Malam Garbadeen Muhammad, stated in Abuja on Monday that the volume of petrol in stock would last for 30 days. He explained that 805.35 million litres ofContinue Reading

Mineral promotion: Agency conducts mega mineral clinic in FCT

By: Vivian Ihechu

On: February 18, 2023

In: Oil & Gas

By Vivian Emoni The Nigerian Geological Survey Agency (NGSA) has concluded its mega mineral clinic to ensure that goals scored in area of geosciences data generation are digested by investors. The Director-General of the agency, Dr Abdulrazaq Garba, said this on Saturday in Abuja, at an occasion of itsContinue Reading

Fuel subsidy now above N400bn monthly – NNPCL

By: Afonne Emmanuel

On: February 18, 2023

In: Oil & Gas

By Emmanuella Anokam The Nigerian National Petroleum Company Ltd. (NNPCL) has disclosed that the amount being spent as subsidy on Premium Motor Spirit (PMS), popularly called petrol, had crossed N400 billion monthly. Malam Mele Kyari, NNPCL’s Group Chief Executive Officer, disclosed this on Friday in Abuja at the ongoing FinalContinue Reading

NNPC Ltd. to begin drilling in Nasarawa State, March 21

By: Vivian Ihechu

On: February 17, 2023

In: Oil & Gas

By Awayi Kuje The Nigeria National Petroleum Company Limited (NNPC Ltd) will begin drilling of the first oil well in Obi/Keana Nasarawa State on March 21. Malam Mele Kyari, Group Chief Executive Officer of NNPC Ltd., made the disclosure when he led Management of the Company on aContinue Reading

Routine gas flaring in Nigeria ends 2023 –TotalEnergies

By: Vivian Ihechu

On: February 15, 2023

In: Oil & Gas

By Yusuf Yunus TotalEnergies Nigeria, said that that it had ended routine gas flaring in Nigeria this year. Mr Mike Sangster, the Managing Director, TotalEnergies EP Nigeria Ltd., said this at the International Oil Companies (IOC) panel session during the Sub Saharan Africa International Petroleum Exhibition and ConferenceContinue Reading

Culture, veritable tool for unity, peaceful cohesion – Minister

By: Afonne Emmanuel

On: February 13, 2023

In: Oil & Gas

By Ella Anokam The Minister of Information and Culture, Alhaji Lai Mohammed, has underscored the need for Nigerians to understand the beauty and dynamism of culture as a veritable tool for unity and peaceful cohesion. The minister made this known on Sunday in Abuja at a dinner organised in honourContinue Reading

FG expands database to cover crude oil inventory

By: Rabi'u Sani Ali

On: February 13, 2023

In: Oil & Gas

By Ella Anokam The Federal Government has announced plans to establish reliable database to determine appropriate tariff methodology for transportation and bulk storage of crude oil and natural gas in the country. The Authority Chief Executive (ACE), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed stated thisContinue Reading

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