Germany Partners Nigeria to Tackle $1.5bn Annual Gas Flaring Loss   Germany has unveiled a new programme to help Nigeria tackle the estimated $1.5bn it loses annually to gas flaring by converting the wasted gas into economic value. The German Ambassador to Nigeria, Annett Günther, disclosed this...

NNPCL, JV Partner to Minimize Gas Flaring by 96%   The Nigerian National Petroleum Company Limited (NNPCL) has achieved a significant milestone in reducing gas flaring, announcing a remarkable 96% decrease at the Anyala (OML 83) and Madu (OML 85) fields. This notable accomplishment is the...

Chevron Nigeria has disclosed that, through investments in gathering and processing of associated gas, routine flaring has dropped by over 97 percent in the past 10 years in its operations. 

Nigeria Loses N34.1bn As Oil Firms Flare 12.7 mscf   Despite Nigeria’s dwindling revenue, oil and gas companies operating in the country flared 12.7 million standard cubic feet (mscf) of gas in July 2023, according to the latest data from the National Oil Spill Detection and...

FG Recorded N13.33bn Revenue Loss From Gas Flaring Fines   The Federal Government recorded a revenue shortfall of N13.33bn from gas flaring penalties issued against oil and gas firms in January and February 2023. It was earlier reported that the Federal Government would impose $49m (N22bn) fine...

Gas Flaring: Reps to Clampdown on Firms, Recover Debts   The House of Representatives has asked the National Oil Spill Detection and Response Agency (NOSDRA) to provide it with ‘specified information’ on companies involved in gas flaring, including the amount flared and penalty cost in the...