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Nigeria loses N96bn to gas flaring in five months

Oil and gas companies operating in the country flared a total of 108.91 billion standard cubic feet of natural gas in the first five months of the year, causing the country an estimated loss of N95.8bn. The latest data obtained...

August 28, 2017

Green Post

Portugal Books NLNG Cargo For August 26th

REN-operated Sines LNG import terminal in Portugal is to receive a new cargo of the chilled fuel from Nigeria, LNG World News reports. The cargo will be delivered from Nigeria LNG’s Bonny Island liquefaction plant onboard liquefied natural gas carrier LNG Benue...

August 24, 2017

Green Post

Vandals doing harm to economy, NNPC cries out

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has appealed to oil pipeline hackers to desist from such nefarious act which, according to him, is not only harmful to the environment, but equally hazardous to...

August 19, 2017

Green Post

Nnpc Cuts Production Cost To $23/barrel

The Nigerian National Petroleum Corporation (NNPC) said yesterday that the country has saved a minimum of $3billion per annum by cutting the cost of crude oil production from $78 dollars per barrel to $23 per barrel as at August 2015,...

August 17, 2017

Green Post

Cooking Gas Price Drops By 30%

The price of Liquefied Petroleum Gas (LPG), otherwise called cooking gas, has dropped by 30 percent from N400 per kilogram (kg) in May to N280 per kg currently. According to a market survey carried out by Daily Trust at different...

August 17, 2017

Green Post

How Falana’s Letter to Kachikwu Exposed Nigeria’s Huge Losses in Deep Offshore PSCs

Indications have emerged that a letter written by a human rights activist and Senior Advocate of Nigeria (SAN), Mr. to the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, when he was the Group Managing Director of Nigerian National...

August 14, 2017

Green Post

Niger Delta agitators threaten to resume bombing

A coalition of Niger Delta agitators on Thursday threatened to resume bombing of oil installations in the region and warned the federal government to stop dealing wit the Edwin Clark led Pan Niger Delta Forum, (PANDEF) on their behalf saying...

August 11, 2017

Uncategorized

NNPC, Shell Chevron sign financing deals

he Nigerian National Petroleum Corporation on Thursday announced that two sets of alternative financing agreements on joint venture projects to boost oil reserves and production were signed in London between it and two of its JV partners. It listed the...

August 4, 2017

Green Post

Nigeria talks tough, may force oil firms to lower production cost

The Minister of State for Petroleum Resources, Ibe Kachikwu, on Monday said Nigeria may force oil companies to lower production costs if negotiations fail. According to Mr. Kachikwu, countries like the United Arab Emirates had cut costs significantly, saying they...

August 2, 2017

Green Post

‘Why Cooking Gas Price Has Not Crashed in Nigeria’

The President of the Nigerian Liquefied Petroleum Gas Association (NLPGA), Mr. Dayo Adeshina has explained that the price of Liquefied Petroleum Gas (LPG), better known is cooking gas has not crashed to the expectations of Nigerians because infrastructural challenges have...

August 2, 2017

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Nigeria loses N96bn to gas flaring in five months

Portugal Books NLNG Cargo For August 26th

Vandals doing harm to economy, NNPC cries out

Nnpc Cuts Production Cost To $23/barrel

Cooking Gas Price Drops By 30%

How Falana’s Letter to Kachikwu Exposed Nigeria’s Huge Losses in Deep Offshore PSCs

Niger Delta agitators threaten to resume bombing

NNPC, Shell Chevron sign financing deals

Nigeria talks tough, may force oil firms to lower production cost

‘Why Cooking Gas Price Has Not Crashed in Nigeria’

The Global Gas Tug-of-War: Volatility, Recovery, and Nigeria’s $24 Billion Power Move

Oil Market Reacts To Iran’s Opening Of Strait Of Hormuz

Hormuz Standoff Continues To Disrupt Oil Supply Despite Talks

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