The Nigerian National Petroleum Corporation (NNPC) and the Chevron Nigeria Limited (CNL) have executed agreements over the multi-billion dollars Escravos Gas-to-Liquid (EGTL) project. Speaking at a sign-off meeting in Abuja, the Group Managing Director of the corporation, Mele Kyari, disclosed that CNL would boost the domestic gas market with 400MMScf per day gas supply, equivalent…
The Honourable Minister of State for Petroleum Resources, @HETimipreSylva has declared 2020 as the year of Gas for the Nation. He made this known when he received the Executive Management of the Nigeria Liquefied Petroleum Gas Association (@NLPGA) led by the Mr. Nuhu Yakubu, President of NLPGA. The visit afforded the visiting team the opportunity…
The Minister of Environment, Mr. Muhammad Mahmud, has commended the Nigerian National Petroleum Corporation (NNPC) on the proposed Abuja 1350MW Independent Power Plant project aimed at boosting electricity supply in parts of the nation. The Acting Group General Manager, Group Public Affairs Division of NNPC, Mr Samson Makoji said in a statement that Mahmud gave…
The Lagos State House of Assembly has passed a resolution calling on relevant authorities to ensure proper regulation and monitoring of gas sales to reduce incidents of gas explosion in the state. The House Deputy Speaker, Mr Wasiu Eshinlokun-Sanni, who presided at the plenary on Monday, called on the state Commissioner for Environment to enforce…
The Department of Petroleum Resources (DPR), on Monday, sealed off two fuel stations and one gas station in Lokoja, the Kogi capital, for various alleged infractions. A correspondent who monitored the exercise, reports that the filling stations, Emmaliz Nigeria Limited and Always Petroleum Limited, were sealed off for allegedly under-dispensing petroleum products to motorists. While…
Oil fell on Monday after Russia said an OPEC-led pact may consider easing output cuts next year, but prices held near recent three-month highs on hopes for a trade deal between the United States and China. Brent crude LCOc1 was down 19 cents, or 0.29 per cent, at 65.95 dollars per barrel by 1010 GMT…
The Department of Petroleum Resources in Bayelsa says it has sealed three petrol stations in Yenagoa for under dispensing and lack of basic operational equipment. News Agency of Nigeria (NAN) reports that the exercise took place when officials of the department, led by the Assistant Chief Officer Administration in the state field office, Mr Oshodi…
UKAID/Department for International Development (DFID) under its Modern Energy Cooking Services -Technology Research Innovation for International Development [MECS-TRIID] in conjunction with the Centre for Climate Change and Development, Alex Ekwueme University, Ebonyi State, has partnered with Techno Oil for the Enhancement of LPG, distribution and re-circulation of Techno Oil LPG cylinders to two rural communities…
Mr Oluyemi Olaonipekun, the Operations Controller of the Department of Petroleum Resources (DPR) in Ibadan, has advised residents not to panic as petrol and other petroleum products would be available at official rates. Olaonipekun stated this in Ibadan on Monday in an interview. He said: “I want to assure you that there will not be…
The Department of Petroleum Resources (DPR) on Monday advised Lagos residents to shun panic buying and stockpiling of petroleum products at home during the Yuletide. The DPR, which is the regulator of the petroleum industry, also assured the residents that there would be no scarcity of products before, during and after the Christmas and New…
