DPR Warns Against Black Market In LPG         The Department of Petroleum Resources has warned those who indulge in illegal sale of Liquefied Petroleum Gas and other sharp practices to desist from such henceforth. It said ‘black market’ gas distribution was a serious danger to the gas...

Shell Oil Output Drops, Plans 9,000 Job Cuts       Shell said on Wednesday that volumes of both Liquefied Natural Gas and crude production were down in the third quarter. The oil major disclosed this in an update to the market, which also detailed plans to cut up...

Nigeria’s LNG Export Revenue Threatened As Demand Drops   The crash in demand for liquefied natural gas in Europe has posed a threat to the Federal Government’s revenue from the exports of the commodity. The Nigeria LNG Limited, which was established to harness Nigeria’s vast natural gas...

Nigeria Faces Competition Amid Surplus Global LNG Supply     Exporters of Liquefied Natural Gas, including Nigeria, have been told to brace for an oversupplied market and weaker-than-expected global demand depressing prices for their output for another two years. Nigeria, which is among the top 10 largest exporters...

LNG Sponsored-projects In Nigeria, Others To Attract $103bn   Liquefied Natural Gas projects in Nigeria, Egypt, Mozambique and elsewhere on the African continent are expected to attract nearly $103bn investments this year. According to a statement ahead of the 5th Gas Summit of the Gas Exporting Countries’...

Firms Obtain Licence To Construct LNG Plant In Kogi Axxela Limited, a gas and power portfolio company, has announced the issuance of a licence by the Department of Petroleum Resources for the establishment of a Liquefied Natural Gas facility in Ajaokuta, Kogi State. The LNG project...