FG Confirms Optimal Fuel Supply for Yuletide as Production Hits 1.5mbpd The Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that there is sufficient supply of petroleum products, about 2.1 billion litres for a total of 34 days. This is just as the Minister of Petroleum, Mr Timipre Sylva…
SHELL PHOTOSTORY: VP Osinbajo visits Shell stand at the 28th Nigeria Economic Summit in Abuja
MOMAN donates N50m to Nigerian Red Cross Society to Flood Victims The Major Oil Marketers Association of Nigeria (MOMAN) has donated the sum of N50 million to support communities who are affected by floods in Nigeria. Handing over a N50m cheque to the Nigerian Red Cross Society at a ceremony in Abuja, Mr Olumide Adeosun,…
Expecting Great Things from Africa’s New Oil and Gas Economies in 2023 While the consensus opinion of the western elites may be that oil and gas is a dirty, outdated technology staggering on its last legs, the African Energy Chamber remains grounded in reality. As proponents of a zero-carbon future tout the promises of solar,…
Canada, Nigeria Target Oil and Gas Methane Emissions with New Laws Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the fossil fuel energy sector. The announcements came as the United States on Friday said it would expand…
Transmission Capacity Improves by 1000 MWs With Abuja Power Project Transmission capacity will be increased by 1000MWs through Abuja Ring Project. The Minister of Power, Engr Abubakar Aliyu made the disclosure at the weekend while inspecting the Abuja Ring Projects in company of the Managing Director of TCN, Engr. Sule Abdulaziz, transmission projects in Abuja….
Energy Transition is Creating Huge Opportunities in Nigeria, Seplat CEO Says Energy transition creates huge opportunities in Nigeria as it supports economic and social development, job creation, improved health and education, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. Mr. Brown said this during a panel session at the University of…
OPEC Daily Basket Price Closes at $91.32 Per Barrel The price of OPEC basket of thirteen crudes stood at $91.32 a barrel on Thursday, compared with $93.22 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo),…
OPEC Daily Basket Price Closes at $91.32 Per Barrel The price of OPEC basket of thirteen crudes stood at $91.32 a barrel on Thursday, compared with $93.22 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo),…
Spain’s September Gas Imports Almost Unchanged on Year Spain’s natural gas imports were almost unchanged in September compared with the same month a year ago, government data showed on Thursday. Spain imported the equivalent of 35,151 gigawatt-hours (GWh) of natural gas in September, Cores, an arm of the Energy and Environment Ministry, said. LNG shipments…
