Nigeria’s Liquefied Petroleum Gas, LPG sector has witnessed massive investment, targeted at putting in place new infrastructure to enhance the delivery and utilization of the product.

DESPITE Nigeria’s dwindling revenue occasioned by massive oil theft, the country has continued to suffer loss from its gas, as companies operating in the country’s petroleum industry flared 241.1 million standard cubic feet, MSCF, of gas in the first 11 months (January – November) 2023, according to latest data from the National Oil Spill Detection and Response Agency, NOSDRA.

Experts have reviewed the provisions of Nigeria’s Electricity Act 2023 and called for the amendment to impact on power sector and Nigeria’s economy.

NIGERIA’s crude oil production, including condensate, rose year-on-year, YoY by 30 per cent to 1.6 million barrels per day, bpd in October 2023, from 1.2 million bpd recorded in the corresponding period of 2022.

But on month-on-month, MoM basis, the nation’s oil output dropped marginally by 0.7 per cent to 1.562 million, bpd in October 2023, from 1.572 million bpd in the preceding month of September 2023.

NIGERIA and other African nations have been urged to embrace Tunnelling and Underground Space Development as a strategy for the development of the energy and other related sectors.

KIA Motors and Portland Gas Nigeria Limited have signed an agreement, targeted at ensuring the installation of a Compressed Natural Gas, CNG system in all brands of KIA automobiles.

BIOETHANOL — a cheaper, renewable alternative to cooking gas — is becoming increasingly popular in Nigeria.

Nigeria’s crude oil production, including condensate, rose year-on-year, YoY by 30 per cent to 1.6 million barrels per day, bpd in October 2023..

LEADING energy and infrastructure conglomerate, Sahara Group has stated its commitment to transform into a net zero business….

Nigeria Extractive Industries Transparency Initiative, NEITI, has again exposed the sleaze inherent in the oil and gas industry in the country.

Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has commended Waltersmith Group and the Nigerian Content Development and Monitoring Board

NIGERIA’s rig count, a major index of measuring activities in the upstream sector, dropped month-on-month, MoM by 13.3 per cent

Nigeria’s rig count, a major index of measuring activities in the upstream sector, dropped month-on-month, MoM by 13.3 per cent to 13 in October 2023, from 15 recorded in the preceding month of September 2023.

By Udeme Akpan, Energy Editor THE former Minister and Attorney General of the Federation, Michael Aondoakaa, has extolled the Central Bank of Nigeria, CBN, for its leading role, which culminated in the nation winning the $11 billion Process & Industrial Developments, P&ID Suit. P&ID had alleged that the contract failed because the Nigerian government breached […]

Investment into the Nige ria’s oil and gas industry dropped by 77.3 per cent to $5 billion in 2021, from $22 billion in 2014, due mainly to increased divestment by the International Oil Companies, IoCs.