LNG
14 Mar
While reaffirming commitment to bolster the nation’s gas supply, the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has reassured a sustained increase in gas production and distribution.
10 Dec
In its efforts to further boost natural gas utilisation in the country and enhance Nigeria’s gas revenue, NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market. During two separate signing ceremonies held on the sidelines of the on-going United Nation’s Climate Change Conference (also…
25 Oct
The African upstream oil and gas sector is currently undergoing an $800 billion capital expenditure (capex), as reported by Wood Mackenzie. The organisation is projecting liquefied natural gas (LNG) as a significant investment theme alongside traditional deepwater oil exploration.
2 Jul 2023
This may not be the best of time for Nigeria’s hydrocarbon sector, as its natural gas production declined to 40.4 billion cubic meters (bcm) in 2022. The June 2023 Statistical Review of World Energy Report revealed that the nation’s Liquefied Natural Gas...
1 May 2023
Nigeria stands to earn $176 million, if it can explore embargo on Russian gas to supply 10.7 per cent of the total Liquified Natural Gas (LNG) supplies to Europe (512 billion cubic feet) to bridge its cash crunch challenge.
Latest
40 mins ago
Adolphus Onyeama, an agriculture produce buyer resident in Borno State, has had several close shaves with death in the last 14 years. The Enugu State-born businessman has lived in the North for 26 years.
41 mins ago
The Minister of Federal Capital Territory, Nyesom Wike, yesterday had the last laugh at the highly staked National Executive Committee (NEC) of the Peoples Democratic Party (PDP), which retained its acting national chairman...
45 mins ago
Rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023, the World Bank in its Macro Poverty Outlook for Nigeria: April 2024 has stated.
50 mins ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
59 mins ago
Raymond Nwachukwu, a civil servant who lives in the Ijaiye area of Lagos State and commutes over many kilometers to and from work in Lekki, claims that his biggest problem is getting sleep.
1 hour ago
The Nigerian Premier Football League (NPFL) has provided an opportunity for Heartland of Owerri to fight to save their season by lifting the ban, albeit provisionally, on Dan Anyiam Stadium.
1 hour ago
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the country would be able to ramp up oil and gas production to feed Dangote and other local refineries by curtailing pipeline vandalisation and oil theft through its new partnership with the Nigerian Armed Forces.
1 hour ago
Ahead of Saturday’s gubernatorial primary of the All Progressives Congress (APC) in Ondo State, a chieftain of the party, Bola Ilori...
1 hour ago
Today is the second Friday of Shawwal 10th after the glorious month of Ramadan. We thank Allaah for making us see the beginning and end of Ramadan. We ask Allaah to grant us all the successes of the month as He accepts all our acts of Ibaadah and sacrifices.
1 hour ago
Spokesperson for the All Progressives Congress (APC) in Kano State, Ahmad Aruwa, has accused the presidency of working against the party’s suspended National Chairman, Dr. Abdullahi Umar Ganduje.