Oil, Gas Exports Hit $3.71bn In 13 Months
Nigeria exported crude oil and gas worth $3.71bn from August 2019 to August 2020, latest statistics released by the Nigerian National Petroleum Corporation have shown.
The NNPC also stated that Nigeria’s total crude oil and gas export sale...
Nigeria To Lose $24bn Oil, Gas Investments In Six Years — AEC
Nigeria will lose $24 billion in investments in the oil and gas sector between 2020 and 2025, due to effects of the COVID-19 pandemic on the global petroleum industry, according to a report...
Nigeria Loses N343bn As Oil Firms Burn 265bcf Of Gas In 9 Months
Despite Nigeria’s struggle with declining revenue, poor power supply and environmental degradation, oil and gas firms operating in the country flared 265.18 billion standard cubic feet, bcf, of gas between January and...
#EndSARS: Oil Marketers Suspend Transportation Of Petrol, Others
Oil marketers have asked petroleum tanker drivers to temporarily suspend the movement of petrol, diesel, Liquefied Petroleum Gas, among others, as a result of the #EndSARS protests in various locations nationwide.
It was also gathered that the decision...
Nigeria Wastes Gas Worth N115bn In Seven Months
International oil companies and local players in the nation’s oil and gas industry flared natural gas worth an estimated N114.79bn from January to July this year.
The companies produced 1.64 trillion standard cubic feet of gas in the...
Oil, Gas Suppliers Risk N320bn Loss
The Natural Oil and Gas suppliers Association of Nigeria (NOGASA) have pleaded with the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) that the planned protest over the new petrol pump prices will make them lose N320billion.
In a...
