Energy

NGA announces 2021 Industry Multilogues 2 

The Nigerian Gas Association (NGA) is announcing its Industry Multilogues 2, the 12th biennial International Conference themed “POWERING FORWARD: ENABLING NIGERIA’S INDUSTRIALISATION VIA GAS” slated to hold on Thursday, February 25 and Friday, February 26, 2021, to further discuss pertinent issues towards the actualization…

FG inaugurates crude oil cost optimisation programme

The Federal Government has inaugurated  the Nigerian Upstream Cost optimisation Programme (NUCOP) to drive down the cost of crude oil production in the country. The Minister of State for Petroleum Resources, Chief Timipre Sylva, at the inauguration on Tuesday in…

MOMAN faults plan to fix freight rate for petrol

Major Oil Marketers Association of Nigeria (MOMAN) says the plans to fix freight rate for Premium Motor Spirit (PMS) can hinder full deregulation of the downstream sector. Mr Tunji Oyebanji, Chairman, MOMAN, told newsmen on Tuesday in Lagos that the…

DPR licenses first floating LNG production plant

The Department of Petroleum Resources (DPR) has issued Licence to Establish (LTE), the first floating Liquefied NaturalGas (LNG) production plant to UTM Offshore Ltd., an indigenous oil and gas company. A statement issued on Monday in Lagos by Mr Paul…