Main Menu

Tag: natural gas

JTF: 1,291 Attempts To Sabotage Oil Export Pipelines Foiled

Civilian Joint Task Force (JTF)
The immediate-past Commander of the Joint Task Force (JTF) in the Niger Delta, Rear Admiral Akinjide Akinrinade (rtd.), yesterday said the security outfit foiled 1,291 attacks on three crude exportRead More

Osinbajo Urges International Community Not to Block Funds Gor Gas Projects

Vice President Yemi Osinbajo
Vice President Yemi Osinbajo yesterday appealed to the international community not to block adequate financing for gas projects in Nigeria and other developing countries. Osinbajo, at a meeting with aRead More

At $63, Crude Oil Price Hits 13-month High

Organisation of Petroleum Exporting Countries (OPEC)
Nigeria to eliminate gas flaring by 2025 Oil prices yesterday maintained their upswing, hitting their highest in about 13 months on the back of vaccine rollouts expected to increase demandRead More

NNPC Records N1.95tn From Sale Of Petrol, Others

Nigerian National Petroleum Corporation (NNPC)
The Nigerian National Petroleum Corporation (NNPC) yesterday announced sales proceeds of N1.95 trillion from white products, mainly petrol, between October 2019 and the same period in 2020. However, Flavision’s checksRead More

Disclosed: Nigeria Misses 2020 Target To End Gas Flaring

National Oil Spill Detection and Response Agency (NOSDRA)
Nigeria has once more missed the target it voluntary set to end gas flaring in 2020, Flavision’s investigation has disclosed. The development also coincides with data obtained from the country’sRead More

FG Plans To Boost Domestic Gas Usage By Q1 2021

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari
Kyari explains capping of petrol price despite deregulation The Federal Government has intensified efforts to ensure that Nigeria achieves self-sufficiency in the domestic production and utilisation of its gas resourcesRead More

Nigeria Wastes N115bn Gas In Seven Months

Nigerian National Petroleum Corporation (NNPC)
International oil companies and local players in the nation’s oil and gas industry flared natural gas worth an estimated N114.79bn from January to July this year. The companies produced 1.64Read More

NNPC Nets N2.36tn From Petrol Sales In 13 Months

NNPC
Pipeline vandalism drops by 43% The Nigerian National Petroleum Corporation (NNPC) sold petrol worth N2.366 trillion to Nigerians between May 2019 and May 2020, the national oil company said inRead More

Togo, Niger, Benin Owe Nigeria N30bn For Electricity

A power transmission system
The Nigerian Electricity Regulatory Commission has reported that the Republics of Benin, Niger and Togo owe Nigeria a total of N29.97bn for the electricity supplied to them between January andRead More