Oando Plc, a Nigerian energy company, has recently reported a 44% decline in its half-year profit to N62.6bn from N112.45bn which was recorded as of half-year 2023. 

NNPC Commences Natural Gas Export To China, Japan The Nigerian National Petroleum Company Limited (NNPCL) has commenced shipment of Liquefied Natural Gas cargoes to Japan and China on a Delivered Ex-Ship basis. It said the move was in line with its strategic vision to be a...

Nigeria Records 253.09BCF Of Natural Gas In January – NNPC   A total of 253.09 Billion Cubic Feet (BCF) of natural gas was produced in January 2020 translating to an average daily production of 8164.23 Million Standard Cubic Feet per Day (mmscfd). The Nigerian National Petroleum Corporation...

Gradual Shift To Natural Gas For Local Consumption In Nigeria   Gas is one of the hydrocarbons Nigeria has in abundance, yet under-utilised. With the need for increased energy generation, industrial production and household consumption, the country is beginning to explore measures to take advantage of...

At $8/kcf, Manufacturers Fret Over Increment, Dollarisation Of Natural Gas With many manufacturers paying about $8/kcf (thousand cubic feet) for natural gas against the $3.77/kcf under the new gas pricing arrangement unveiled in the official gazette by the Federal Government, operators in the sector have...