Tuesday, 7th December 2021
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Breaking News:


5 Sep
Amidst reports that domestic gas prices in the country are skyrocketing, it is an understatement, and a big shame to say that Nigeria’s huge gas resources are grossly under-utilised, notwithstanding that the country is potentially...
1 Sep
The Nigeria LNG Limited has said it does not contribute to the supply shortfall of Liquefied Petroleum Gas, also known as cooking gas, and the hike in the price of the commodity in the country.
12 May
The Federal Government has expressed optimism about improved earnings from its gas monetisation scheme, following the signing of the Pre-Front End Engineering Design (Pre-FEED) contract by the licensee to commence the development of 176 million cubic....
10 Feb
Few years after the Floating Liquefied Natural Gas (FLNG) technology became feasible; the Department of Petroleum Resources (DPR), Monday, granted Nigeria’s first licence for the production
20 Jan
Amid sharp decline in LNG utilisation rates in many parts of the world last year, gas exports from West African producers, especially Nigeria, showed some resilience in 2020, trading 27.6 billion cubic feet (bcm) of gas equivalent to the total 39 bcm traded by the region.
16 Dec 2020
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…
12 Aug 2020
The world’s consumption of natural gas is set to decline by four percent this year, but global demand will return to growth after the pandemic...
20 May 2020
For Nigeria and other African countries to minimize the effects of unstable oil prices and reduce dependence on oil, key investments must be geared towards developing Liquefied Natural Gas...
8 Apr 2020
The outbreak of coronavirus and glut in the oil sector will drastically affect the nation’s oil industry, especially projected which are expected to take place this year, the Chairman...
8 Apr 2020
The upstream sector of the oil and gas industry could be hit harder in the current dilemma facing the industry as deeper cuts hovering around $210 billion is being considered in the sector.
12 Feb 2020
Depending on the length of time required to contain the spread, the outbreak of novel Coronavirus (nCoV) in China will create gas demand reduction of between 14 billion cubic meters
12 Feb 2020
Unless Africa focuses on developing sustainable technical and managerial skills in innovation, operations, and management of oil and gas resources


A massive fire ripped through an overcrowded prison in Burundi before dawn on Tuesday, with fears of heavy casualties as many inmates were still sleeping at the time, witnesses said.
37 mins ago
Lagos State Police Command has arrested three students of Dowen College over the death of Sylvester Oromoni jnr. Lagos police commissioner Hakeem Odumosu disclosed that three out of the five students are already in custody. Before his death, Oromoni had named five students who he claimed attacked him in his dormitory, inflicting on him multiple…
49 mins ago
The United Arab Emirates is slashing its official working week to four-and-a-half days and moving its weekend to Saturday and Sunday in a major shift aimed at improving competitiveness, officials said on Tuesday.
1 hour ago
Drake has asked the Grammy Awards Recording Academy to withdraw his two nominations for the 2022 Grammy Awards. Drake received two nominations at the 2022 Grammy Awards. He was nominated for best rap performance for his song "Way 2 Sexy", featuring Young Thug and Future, and best rap album for Certified Lover Boy.  However, Variety reports…
1 hour ago
Over the weekend, Johnnie Walker and Johnny Drille partnered to deliver the most wonderful outdoor experience for whisky lovers and lovers of good music. Hosted at Muri Okunola park Victoria Island Lagos, fans of Johnnie Drille were treated to the finest of Johnnie Walker’s Highball cocktails as they immersed themselves in the live performances by…