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In 5 Years, FG Targets 10m Tons Of Gas Production – NNPC Boss

In 5 Years, FG Targets 10m Tons Of Gas Production - NNPC Boss The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Melee Kyari has disclosed that Nigeria has market opportunities for Liquefied Petroleum Gas (LPG) of 10 million tons...

Oil Firms Get N127bn Fine For Flaring Gas

Oil Firms Get N127bn Fine For Flaring Gas   The Federal Government has fined oil and gas firms operating in the country the sum of $294m, which is about N127bn, for gas flaring. A recent statistics released by the National Oil Spill Detection and Response Agency, NOSDRA,...

NBS: Household Incomes Shrink as Gas Price Rises by 122%

NBS: Household Incomes Shrink as Gas Price Rises by 122% The Nigerian Bureau of Statistics data has indicated that, on a year-on-year basis, price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas, also known as cooking gas, increased by 122 per cent from N4,422...

Nigeria, Other Countries Benefit As Europe Rushes to Africa for Gas

Nigeria, Other Countries Benefit As Europe Rushes to Africa for Gas Nigeria, as one of the largest oil reserves in the world, is expected to see massive patronage from Europe during the boycott of Russian gas. A huge energy crisis in eastern Europe has resulted from...

Why Gas Remains Top Priority For Nigeria – Buhari

Why Gas Remains Top Priority For Nigeria – Buhari     President Muhammadu Buhari has said investment in gas remains a top priority for the country because of huge benefits in terms of returns and utility. He stated this Thursday in Paris, France, while receiving the Chief Executive...

Fed Govt Seeks Active Exploration For New Oil, Gas Resources

Fed Govt Seeks Active Exploration For New Oil, Gas Resources       The Department of Petroleum Resources has said the Federal Government will promote active exploration for new oil and gas resources in the country as it seeks to ramp up reserves to 50 billion barrels. The DPR...