As oil hits $60 a barrel, the rhetoric from Nigeria is the need to be reminded of lag in demand fuelling uncertainty and preparation for a world beyond oil to avert a repeat of the year 2020 crisis.

The Minister of State for Petroleum Resources, Timipre Sylva, has said the Federal Government is strategising to ensure an efficient oil and gas sector in the post-COVID-19 era, declaring 2021 to 2030, the decade of gas in Nigeria.

A professor of Exploration Geophysics, Isaac Aigbedion, at the weekend, advocated Controlled Source Electromagnetic Technology

The Nigerian National Petroleum Corporation (NNPC), yesterday, said the country exported $120.49 million worth of crude oil and gas in September 2020.

Stakeholders in the oil and gas industry yesterday raised concerns, as President Muhammadu Buhari and top government functionaries expressed optimism that the government’s focus on the gas sector

With Nigeria’s inflation escalating monthly due to the rising cost of essential consumption, operators in the gas downstream sector have advocated the need for increased conversion to gas-powered vehicles

The over 202 trillion standard cubic feet deposit of gas in Nigeria could significantly improve economic development if the resource is harnessed for domestic benefits, Chairman of Oilserv Limited

Minister of State for Petroleum Resources, Chief Timipre Marlin Sylva, has said that two new liquefied natural gas (LNG) facilities would generate 10,000 job opportunities in Kano. Sylva disclosed this while unveiling two major liquefied natural gas plants, in Kano. The minister declared that the establishment of LNG plants in northern part of country, was…

Major players in the global oil and gas industry have agreed to conscientiously report methane emissions in a move to tackle one of the biggest contributors to global warming. The Oil and Gas Methane Partnership (OGMP) is a Climate and Clean Air Coalition (CCAC) initiative led by the United Nations Environment Programme (UNEP), European Commission…

Obaseki woos investors with power, human capital, others The Nigeria Gas Company (NGC) Limited has pledged to embark on reclamation of its pipeline right of way from those who have already encroached on the land, appealing for cooperation from its host communities. NGC said that it was against the standard practice for individuals to either…

The National Bureau of Statistics (NBS) on Tuesday said the average price for refilling five kilogrammes (5kg) cylinder of Cooking Gas decreased slightly to N1,953.71 in October from N1974.67 in September.

Notwithstanding competition from renewables, the Nigerian Association of Petroleum Explorationists (NAPE) has said the government would not relent in its exploration activities in the frontier basins, especially in the Benue trough, by deploying new technologies that aid investment decision-making. NAPE President, Alex Tarka, preparatory to the Association’s yearly conference and exhibition, told journalists yesterday that…