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Minister says Nigerians Should be Happy to Import Petrol from Niger

Minister says Nigerians Should be Happy to Import Petrol from Niger

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Nigeria’s minister of state, petroleum resources, Timipre Sylva, has called on Nigerians to be happy and proud that Africa’s biggest oil state is about...
Nigeria’s Rig Count Drops by 30%, Stakeholders Lament Lull in Oil Sector

Nigeria’s Rig Count Drops by 30%, Stakeholders Lament Lull in Oil...

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The Organisation of Petroleum Exporting Countries (OPEC) has said that the number of active oil rigs in Nigeria declined by 30% in October, with...
We Won’t Join PENGASSAN Strike – NUPENG

NUPENG shuts Shell’s ERA Field, Threatens Nationwide Strike Over Unpaid Benefits

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Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has called on the Department of Petroleum Resources, DPR; Nigerian National Petroleum Corporation, NNPC; Ministry...
National Assembly to Pass PIB into Law in April – FG Says

N/Assembly, Officials of Petroleum Ministry, NNPC, Others in Confab Over PIB

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       …As Buhari presents 2021 budget next weekThe Nigerian National Assembly Joint Committee on Petroleum Resources (Downstream), Petroleum Resources (Upstream) and Gas have reportedly...
Gas agreement Review Won’t Raise Price – GACN Assures

Gas agreement Review Won’t Raise Price – GACN Assures

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The Gas Aggregation Company Nigeria Limited has said that its decision to review existing agreements used in transactions within Nigeria’s domestic gas market will...
Nigeria: FG Plans to Up Local Content to 40%, Support Indigenous Oil and Gas Firms More

FG Fast-Tracking Roll-Out of Cleaner, Cheaper Alternative to Petrol, to Cushion...

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The Minister of State, Petroleum Resources, Mr. Timipreye Sylva, has said that in order to cushion the effect of the removal of petroleum subsidy...
Natural Gas Monetization Binds Africa and Mozambique’s Oil and Gas Industries

Compressed Natural Gas: Expert tasks FG on adequate preparation

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Prof. Wumi Iledare, a Professor of Petroleum Economics, on Tuesday urged the Federal Government to ensure adequate preparation before the introduction of the use...
Fuel imports gulped N700.46bn in three months – NBS

Oil Workers Suspend Strike as FG agrees to Pay Salaries

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Oil workers in agencies under the Ministry of Petroleum Resources, yesterday night, suspended their strike after meeting with the Accountant General of the Federation. Oil...

FG increases penalty on gas flaring

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Oge Obi, The Federal Government has increased the penalty on gas flaring from N10 per thousand standard cubic feet of gas to $2 - equivalent...