Oil & Gas - News Agency Of Nigeria

No increase in pump price of petrol — Sylva

On: January 21, 2023

By Emmanuella Anokam The Minister of State for Petroleum Resources, Chief Timipre Sylva says the Federal Government has not approved any increase in the pump price of Premium Motor Spirit (PMS) otherwise called petrol. In a statement, on Friday in Abuja, Sylva said that President Muhammadu Buhari had not approvedContinue Reading

Motorists frown at persistent fuel scarcity task NNPC, others on supply

By: Afonne Emmanuel

On: January 20, 2023

In: Oil & Gas

By Emmanuella Anokam Many Motorists in the Federal Capital Territory (FCT), have frowned at the current fuel scarcity being experienced in the territory and environs. Speaking with the News Agency of Nigeria (NAN) on Thursday in Abuja, the motorists expressed displeasure over the reoccurrence of long queues at most fuellingContinue Reading

Mini oil bid round ‘ll boost energy sufficiency – FG

By: Rabi'u Sani Ali

On: January 17, 2023

In: Oil & Gas

By Yunus Yusuf The Federal Government has assured that Nigeria’s mini-bid round will boost global energy sufficiency in the long run. Mr Gbenga Komolafe, the Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said this at a pre-bid conference in Lagos on Monday. He said this year’s mini bidContinue Reading

NLNG’s Bonny plant still in operation – Official

By: Rabi'u Sani Ali

On: January 17, 2023

In: Oil & Gas

By Yusuf Yunus The Nigeria LNG Ltd. says its plant on Bonny Island is still active despite a force majeure declared in October 2022 and feed gas supply challenges. Mr Andy Odeh, the General Manager, External Relations and Sustainable Development, NLNG, confirmed this in a statement on Monday in Lagos.Continue Reading

NNPC set to spud first Oil Well in Nasarawa State

By: Afonne Emmanuel

On: January 14, 2023

In: Oil & Gas

By Ella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd), is set to spud the first Oil Well in Nasarawa state in March 2023, in continuation of its oil exploration activities in the country’s inland basins. The Group Chief Executive Officer of the Company, Malam Mele Kyari, disclosed thisContinue Reading

Nigeria, Spain deepen partnership on gas development, investments

By: Afonne Emmanuel

On: January 13, 2023

In: Oil & Gas

By Ella Anokam Nigeria and Spain have expressed commitment to deepen bilateral relationship and partnership in investments and development of Nigerian gas resources for global energy market. Chief Timipre Sylva, Minister of State for Petroleum Resources made this known on Thursday in Abuja when he received Spanish Foreign Minister, JoseContinue Reading

FG begins 2022 mini-bid round – NUPRC

By: Afonne Emmanuel

On: January 11, 2023

In: Oil & Gas

By Ella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun the 2022 mini-bid round process in accordance with the Petroleum Industry Act (PIA), 2021. The mini-bid round is an opportunity to spur new oil exploration and drilling activities in the prospective deep waters offshore Nigeria. Mr Gbenga Komolafe,Continue Reading

PMS Price: 14 petrol stations sealed in Akwa Ibom by regulatory authority

By: Afonne Emmanuel

On: January 7, 2023

In: Oil & Gas

By Sunday Bassey The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed 14 filling stations in Oron, Akwa Ibom, for selling Premium Motor Spirit (PMS) above the regulated price. Mr Joy Koro, the agency’s Team Lead, Distribution Systems Storage and Retailing Infrastructure, made the disclosure in an interviewContinue Reading

NNPC Weekly: Kyari shops for more FDI in Nigeria’s Energy Sector

By: Afonne Emmanuel

On: September 1, 2022

In: Oil & Gas

NNPC Weekly: Kyari shops for more FDI in Nigeria’s Energy Sector NNPC By Edith Ike-Eboh and Emmanuel Afonne Abuja, Sept. 1, 2022 (NAN) Malam Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has urged investors to take advantage of theContinue Reading

NNPC Weekly: Making, understanding the new NNPC Ltd.

By: Afonne Emmanuel

On: July 25, 2022

In: Oil & Gas

President Buhari (middle) at the unveiling of NNPC Limited NNPC Weekly: Making, understanding the new NNPC Ltd. NNPC By Edith Ike-Eboh and Emmanuel Afonne Abuja, July 25, 2022 (NAN) It was a moment of joy for stakeholders in the oil and gas industry as President Muhammadu Buhari unveiled theContinue Reading

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