The National Bureau of Statistics (NBS), says the average price for the refilling of a five kilogramme (kg) cylinder Cooking Gas increased to N2,024.80 in July from N1,995.38 in June. The bureau said this in its “Liquefied Petroleum Gas (Cooking Gas) Price Watch’’ for July obtained from its website on Tuesday in Abuja. The NBS…
Mr Aminu Umar, the President of Nigerian Ship Owners Association (NISA), has identified poor access to funding as a major challenge facing ship owners in the country. Umar made this observation during an interview in Lagos on Tuesday. According to him, the major challenge of ship owners in Nigeria is having access to long-term loans….
Relief may soon come the way of residents of Ijegun-Egba Community area of Lagos, host to several tank farms, as the operators say they are working toward ensuring continuous safety of lives and property in the area. The deport owners made the disclosure on Tuesday at a stakeholders and engagement meeting in Lagos. The meeting…
The Nigerian Independent Petroleum Company (NIPCO) has commended the efforts of Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) at deepening usage of gas as preferred cooking fuel amongst the populace. The NIPCO Managing Director, Mr Sanjay Teotia, said on Monday in Lagos that the sensitisation programme was very apt. Teotia, who spoke at the…
The Nigerian National Petroleum Corporation (NNPC) and the Nigeria Security and Civil Defence Corps (NSCDC) have pledged to work together to checkmate the activities of pipeline vandals and oil thieves in the country. The Group Managing Director of NNPC, Malam Mele Kyari, gave the assurance when he received the Commandant-General of NSCDC, Abdullahi Muhammadu, at…
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, says that the number of expatriates working in the Nigerian oil and gas sector has been reduced by 80 per cent. Wabote disclosed this on Monday in Abuja at the NCDMB’s third quarter engagement with the media, which focused on the major…
The Nigeria Petroleum Development Company (NPDC)/ND Western OML 34 Asset Management Team (AMT) says it has commenced the use of modern technology for effective monitoring of its facilities. Mr Sheidu Aiguedo, the company’s Manager in charge of Government, Community Relations and Security, made the assertion at a media briefing in Warri. Aiguedo decried the persistent…
The Nigerian Independent Petroleum Company (NIPCO) has commended the efforts of Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) at deepening usage of gas as preferred cooking fuel amongst the populace. The NIPCO Managing Director, Mr Sanjay Teotia, said on Monday in Lagos that the sensitisation programme was very apt. Teotia, who spoke at the…
Russia may transfer the running of oil intake terminals to state-owned pipeline company Transneft, according to a government website, after a privately-owned terminal was blamed earlier this year for contaminating oil supplies. Prime Minister Dmitry Medvedev will ask the government to consider the move, the website said, after Medvedev met Transneft Chief Executive Nikolai Tokarev…
Europe’s two biggest suppliers of pipeline gas, Norway’s Equinor and Russia’s Gazprom, have lost market share for the first time in at least four years amid a tripling in liquefied natural gas (LNG) imports into the region over the past 10 months. LNG imports into Europe have jumped amid lower than expected spot demand from…
