FG Charges IOCs to Comply with Gas Flare Directives The Federal Government has cautioned International Oil Companies operating in Nigeria to desist from disregarding gas flare directives of various regulatory agencies in Nigeria. It stated that though a few IOCs often complied with these directives, most...

Nigeria Losses $16tn to Gas Flare in 10 years – Report The Federal Government has lost an estimated $16tn to natural gas flaring in 10 years, according to Energy Institute report. The Energy Institute’s 72nd edition of the ‘Statistical Review of World Energy 2023’ said the...

FG Loses N847bn to Gas Flaring in One Year – NOSDRA The National Oil Spill Detection and Response Agency data has shown that the Federal Government lost about N843bn to gas flaring between January 2022 and August 2023. NOSDRA, in its latest gas flare report, disclosed...

FG Loses N335m to Oil Spill - NOSDRA  The National Oil Spill Detection and Response Agency says Nigeria lost about N335m to oil spilled between January and August 2023. NOSDRA, in its oil spill data for the period under review, said a total of 168 incidents...

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...

Zero Emission: Nigeria Lost N373bn to Gas Flaring in H1’23 Despite the commitment of the Federal Government to achieve zero flaring by 2060, gas flaring has increased 10 percent in the first half (January – June) of 2023 to 138.7 million metric standard cubic feet,...