….Eyes FID before Dec 2024 ending In furtherance of its commitment to monetise Nigeria’s vast natural gas resources, the NNPC Limited has executed a Project Development Agreement (PDA) with Golar LNG for the deployment of a Floating Liquefied Natural Gas…
Defending the recent hike in electricity tariffs, which has attracted wild reactions and resistance from Nigerians, Minister of Power, Mr. Adebayo Adelabu, on Tuesday, said that the introduction of higher tariffs for Band A users has reduced the electricity subsidy…
The 300 million standard cubic feet per day (mmscf/d) Kwale Gas Gathering (KGG) Facility and the upgraded Nedogas Processing Plant (NGPP) in Delta State has been commissioned by the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo. This…
The value of Nigeria’s crude oil export earnings increased by 50.2 percent in the first quarter of 2024 to N15.4 trillion, according to data from the Nigeria Bureau of Statistics (NBS). The earnings quoted in naira showed a rise from…
…Sustains zero lost time injury rate Savannah Energy PLC, the British independent energy company gas announced an increase in customer diversification in Nigeria in its audited results for the year ended 31 December 2023. The results show that its average…
By Opeyemi Abdulsalam The Enugu Electricity Distribution Company (EEDC) has sent a disconnection notice to state governments, Central Bank of Nigeria (CBN) offices, Nigerian Army, among other parastatals and companies over N180 billion electricity debt. This was contained in a…
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo on Thursday commissioned the 300 Million Metric Tonnes Standard Cubic Feet per Day (MMscf/d) Kwale Gas Gathering Hub in Ndokwa West Local Government Area of Delta State describing the investment…
Key officials of the Uganda National Oil Company (UNOC) on Monday began a working visit to the Nigerian Content Development and Monitoring Board (NCDMB), stating that they were here to learn and that their country stands to gain substantially from…
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has attributed the increased patronage of LPG to the reduced price of the product. National President of the association, Mr. Oladapo Olatunbosun stated this during a courtesy visit by the group…
Despite constant denials that it was no longer subsidising fuel, the Nigerian government has finally admitted that fuel subsidy will gulp N5trilion in 2024. This figure is a sharp increase from the N3.6 trillion spent in 2023 and N2.0 trillion…
