The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021. A breakdown of the figures captured in the August 2021 NNPC Monthly…
The Nigerian Gas Association (NGA) has called for the deregulation of the gas value chain in the country to encourage more investments in the sector. Speaking recently during a program monitored by our correspondent, ‘Moneyline with Nancy’ on African Independent…
Natural gas exports from Russia via the Yamal-Europe pipeline will remain limited at the start of this week as true winter begins and Russia keeps more gas for domestic consumption, with maximum temperatures in Moscow dipping below zero. Nigeria NewsDirect…
By Uthman Salami The Nigerian Financial Intelligence Unit (NFIU) Director and Chief Executive Officer, Mr. Modibbo Tukur, has disclosed that President Muhammadu Buhari has granted approval to the NFIU, Nigeria Extractive Industries Transparency Initiative (NEITI) as well as other anti-corruption…
The Standards Organisation of Nigeria, SON, is considering new modalities that will influence implementation of its set standards especially in mid and downstream sectors of the economy. The Agency said that the establishment of the Midstream and Downstream Petroleum Regulatory…
By Uthman Salami The Minister of State for Petroleum Resources, Timipre Sylva has said that even though gas remain the focus of Nigeria in driving the energy transition agenda, the federal government would not neglect crude oil as it remains…
The recently appointed President of Exploration and Production and member of the Executive Committee of TotalEnergies, Nicolas Terraz will participate in Africa Oil Week in Dubai. According to the company, he will deliver an opening address on Monday, November 8,…
…As Kyari assures gas supply will revamp industries Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion of gas supply…
Major stakeholders in the oil and gas industry in the country have been charged to embrace the adoption of modern technologies as recipes for facilitating energy security as well as sustainable development in Nigeria. This emphasis was brought during the…
By Uthman Salami The Department of Petroleum Resources (DPR) has said that the Federal Government is formulating a Maximum Economic Recovery (MER) strategy for Nigeria to attain maximum value from oil and gas resources. The Director, DPR, Sarki Auwalu, made…
