President Muhammadu Buhari on Tuesday said that Nigeria has moved a step closer to the nation’s dream of full utilization of its abundant gas potential.
The president said this during the inauguration of the Integrated Gas Handling…
The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme.
The NCDMB, in a statement said that the credit…
The Socio-Economic Rights and Accountability Project (SERAP), has asked President Muhammadu Buhari and the Minister of State for Petroleum Resources, Chief Timipre Sylva to explain within 14 days how the ministry under their watch spent…
There are indications that renewable energy and energy storage may likely put to risk the efforts by the government to harness its 203.16 trillion cubic feet (TCF) gas reserves to spur economic activities and boost revenue.
A report by…
The Nigerian Government deregulated the downstream petroleum sector with effect from March 19, 2020. The key argument was that the fuel subsidy regime which gulps billions of Naira annually, had become unrealistic and unsustainable. One or…
The Federal Government has declared Jan. 1, 2021 to Dec. 31, 2030 as “The Decade of Gas Development for Nigeria”.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, made the declaration on Thursday at the Seventh Joint…
The Federal Government has said that automobile owners will pay N250,000 to convert their vehicles to run on gas.
Speaking at Channels Television Programme, Justice Derefaka, Technical Adviser on Gas Business and Policy Implementation…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Tuesday said that the Federal Government would be handing over a total of 1,000 gas-powered buses to organized labour.
Speaking during the launch of the National Gas…
…As Nigeria’s LPG storage capacity now 69,698MTThe Group Managing Director, Techno Oil, Mrs. Nkechi Obi, has said that the 8,400MT-capacity LPG terminal built at Apapa by the company, would generate up to…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Wednesday inaugurated the 8,400 Metric Tonnes (MT) Liquified Petroleum Gas (LPG) terminal built by Techno Oil in Kirikiri, Lagos.
Inaugurating the gas terminal, the…
The Pan Niger Delta Forum has said the latest increase in the price of petrol was an indication that Nigerians would continue to pay for government’s inefficiency.
PANDEF also faulted the claim of the Minister of State for Petroleum…
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to N155.17 per litre from N147.67 per litre.
The PPMC…
The Nigerian National Petroleum Corporation, NNPC, has revealed that the Asa North-Ohaji South, ANOH, gas project is expected to produce 600million standard cubic feet of gas per day, an equivalent of approximately 2.4gigawatts of…
The government is working hard to ensure that conversion of petro cars to use gas is cheap in the country, the Minister of State for Petroleum Resources, Chief Timipre Sylva has said.
Sylva disclosed this in a statement issued by the…
The National Assembly has shifted deliberations on the Petroleum Industry Bill to the first quarter of next year, the Minister of State for Petroleum Resources, Timipre Sylva, has said.
Speaking on the sidelines of the Joint…
Nigeria’s minister of state petroleum resources, Mr Timipre Sylva, has warned Nigerians to be wary of their fate as the days of oil are now numbered.
Speaking in Abuja at an interactive meeting with the leadership of the National…
The Minister of State, Petroleum Resources, Mr. Timipreye Sylva, has said that in order to cushion the effect of the removal of petroleum subsidy on Nigerians, the Federal Government is as fast-tracking the nationwide roll-out of cleaner…
The Nigerian National Petroleum Corporation, NNPC, has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians through aggressive activation of Compressed Natural Gas,…
…Says subsidy Removal to Create Massive Jobs
The Minister of State for Petroleum Resources, Mr Timipre Sylva has said that the Federal Government’s decision to fully remove subsidy from…
The Nigerian Minister of State for Petroleum Resources, Mr Timipre Sylva has absolved the executive arm of government from the delay trailing the Petroleum Industry Bill (PIB), adding that indeed, the timeline for the delivery of the…
