European Gas Prices drop slightly to 52 euro per megawatt-hour
WORLD, Oct. 16 – Natural gas futures in Europe edged slightly lower to €52 per megawatt-hour after soaring 41% to an eight-wee...
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FG gives Contractor 2024 dateline to complete AKK Gas Pipeline
NIGERIA, Oct. 13 – Oilserv Limited, Pipelines and Facilities (EPCIC), the contractor handling the $2.5 billion Ajaokuta-Kaduna...
FG shortlists 42 companies for Gas flaring commercialization program
NIGERIA, Sept. 14 – The Federal Government, on Wednesday, announced that it issued letters of award to 42 companies for the 20...
Fuel scarcity: IPMAN seeks FG’s intervention, as 9,000 marketers may lose their licences
• To avert fuel crisis, IPMAN implore NMDPRA, NNPC not to remove operators from sales portal. • Pump price drops though qu...
Gas Stations: Marketers gets backing of foreign and domestic investors to build 30,000 stations
NIGERIA, Sept. 4 – Oil marketers, on Sunday, confirmed that they have received the nod of domestic and international financier...
Indigenous oil Companies acquire 26 divested licenses in the las decade
NIGERIA, Oct. 12 – Indigenous oil companies have acquired about 26 oil mining licenses in the Niger Delta basin area in the la...
LPG Price Hike: 12.5kg cooking gas hits N12,500
NIGERIA, Oct. 3 – The continuous increase in the price of Liquified Petroleum Gas (LPG) commonly called cooking gas is making...
National Grid Collapses: Nigeria thrown into as TCN experience failure
NIGERIA, Sept. 13 – The national power grid, managed by the Transmission Company of Nigeria (TCN) from its base in Osogbo, Osu...
Nigeria receives 60% share of $30bn Afreximbank’s oil, gas funding
NIGERIA, Feb. 29 – The African Export-Import Bank (Afrexim bank) on Wednesday, made it public that it has become the largest f...
Nigerian Government issues first license for wholesale gas supply under PIA
NIGERIA, Oct. 2 – The Federal Government has issued the first license for the supply of 500 million standard cubic feet gas pe...