NGA calls on Tinubu to revisit Autogas Policy The Nigerian Gas Association (NGA) has urged the Federal Government (FG) to revisit and accelerate the implementation of the Nigerian Autogas Policy launched two years ago as part of the National Gas Expansion Programme (NGEP) under the well-articulated Decade of Gas Policy and Programme.The President of the…
US drillers cut oil and gas rigs for seventh week in a row, Baker Hughes says U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row for the first time since July 2020, energy services firm Baker Hughes Co (BKR.O) said in its…
Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, Guinea sign MoUs on Nigeria-Morocco gas pipeline Another important milestone was achieved at the headquarters of the Economic Community of West African States (ECOWAS) as four significant Memoranda of Understanding related to the Nigeria/Morocco Gas Pipeline Project were signed. Additionally, the project’s Steering Committee convened to discuss the progress…
Growth in global oil demand is set to slow significantly by 2028 -IEA Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according…
TotalEnergies Strengthens LNG Position in the U.S. TotalEnergies has signed a framework agreement with the US company NextDecade to participate in the development of the Rio Grande LNG project, a liquefied natural gas (LNG) plant located in South Texas. Under the terms of the agreement, and subject to execution of definitive documentation and final investment…
Seplat Energy appoints Chioma Afe as Director External Affairs and Sustainability The Board and Management of Seplat Energy Plc are pleased to announce the appointment of Mrs. Chioma Y. Afe as the Director, External Affairs and Sustainability effective June 15th 2023. Chioma is an accomplished strategic Senior Communications Executive and Business Leader with over 25…
Fire Incident in TCN Substation, Alagbon, 60MVA Power Transformer Affected The Transmission Company of Nigeria, TCN, has disclosed that there was a fire incident at its Alagbon Transmission Substation, which affected one of its 60MVA power transformers in the substation. The incident happened at about 1632hrs, today, Wednesday, 14th June, 2023. According to the company,…
NCDMB Backs Conference on Implementation of Local Content in Insurance Industry The Nigerian Content Development and Monitoring Board (NCDMB) has committed to leading discussions at the 2023 National Conference on Building Local Content Synergy between the Insurance Industry and the Oil and Gas Sector. Executive secretary of the board Simbi Wabote has confirmed NCDMB’s participation…
The Future of LPG in Nigeria, Harnessing the Opportunities Liquified Petroleum Gas (LPG) is a sustainable and eco-friendly energy source. It is one of the products of natural gas, it serves as a better and healthier alternative to wood for heating and cooking purposes and Nigeria owns the largest gas reserves in Africa. According to…
NUPENG Members Shutdown NSCDC over Impounded Trucks, 130,000 Litres of PMS Members of Petroleum Tanker Drivers branch of the Nigerian Union of Petroleum and Natural Gas Workers, NUPENG on Wednesday shutdown activities at the Rivers State Command of the Nigeria Security and Civil Defence Corps, in protest over three impounded trucks with 130,000 litres of…
