Oil & Gas - News Agency Of Nigeria

NUPRC rallies stakeholders, investors for gas flare elimination

On: January 25, 2023

By Ella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has organised a Bidders’ Conference/Investors Forum for stakeholders in the sector, to fast track implementation of the Nigerian Gas Flare Commercialisation Programme (NGFCP). This is contained in a statement on Tuesday in Abuja signed by the NUPRC ChiefContinue Reading

OPEC existence saves global energy market from chaos – FG

By: Rabi'u Sani Ali

On: January 25, 2023

In: Oil & Gas

By Ella Anokam The Federal Government has said that the existence of the Organisation of Petroleum Exporting Countries (OPEC) over the past 60 years saved the global oil market from perpetual chaos. The Minister of State Petroleum Resources, Chief Timipre Sylva stated this on Tuesday in Abuja when he receivedContinue Reading

Buhari sets up 14-member committee to tackle supply, distribution of petroleum products

By: Afonne Emmanuel

On: January 24, 2023

In: Oil & Gas

By Ella Anokam President Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management to find lasting solution to disruptions in the supply and distribution of petroleum products. The Steering Committee, which will be chaired by Buhari, has the Minister of StateContinue Reading

No increase in pump price of petrol — Sylva

By: Afonne Emmanuel

On: January 21, 2023

In: Oil & Gas

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

Follows Us

Oil & Gas (Page 66)