Energy

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Autogas, AutoCNG initiative to absorb 500,000 Nigerians — FG

By Udeme Akpan As Nigeria continues to battle with massive unemployment and other challenges, there are indications that the Autogas and AutoCNG initiative will create over 500,000 jobs, thus assisting the nation to come out of its current recession. In an interview with Energy Vanguard, weekend, marketing manager, Flash Gas Limited, Mr Kayode Oluwadare, said: […]

NGEP: Adoption of autogas will save Nigeria over $2.5bn yearly

By Udeme Akpan The introduction of gas-fired city buses as part of autogas initiative would save $2.5 billion yearly for Nigeria, currently struggling to come out from its worst recession ever. In an interview with Energy Vanguard, managing director, Powergas, Mr Sumeet Singh, said: “The introduction of the gas-fired city buses is estimated to save […]

Flared gas capable of generating 28,700 GWH of electricity

***Gas flaring dips by 23.8% to N379bn in 10 months By Michael Eboh As the age-long battles over gas flaring in Nigeria’s oil industry seem intractable, a total of $1 billion, about N379 billion, has been recorded as the cumulative value of gas lost to the recorded incidents in 10 months of this year. The […]

NLPGA: Osinbajo, others to discuss gas as pivotal enabler for economic recovery

By Ediri Ejoh Vice President Yemi Osinbajo, is set to lead global industry leaders drawn from the Americas, Europe, Asia and Africa at the Nigeria Liquefied Petroleum Gas Association (NLPGA) 10th International LPG Conference themed; “LPG: Pivoting Economic Recovery for Households and Industries in Nigeria and Africa”. In a statement obtained by Vanguard, the NLPGA, […]

Nigeria’s oil rig count dips by 30% in one month

By Prince Okafor Nigeria’s active rig count has dropped significantly by 30 per cent to seven in October 2020 as against 10 recorded in the previous month. The rig count is a reflection of the level of exploration, development, production and general activities taking place in the petroleum sector. This shortfall is coming at a […]

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