Archives for ENERGY - Page 44
NLNG shuts operations over flooding, gas scarcity looms
The Nigeria Liquefied and Natural Gas company has declared force majeure because of widespread flooding that has disrupted supply, a spokesman for the company said on Monday. Force majeure is…
Oil Theft: NNPC hails Tompolo over busting of Illegal loading points in Delta
NNPCL logo Members of the newly established coastal areas pipeline surveillance team, Tantita Security Services Nigeria Limited (TSSNL), at the weekend intensified its search for illegal bunkering locations with the…
Seplat Energy’s transition priorities excite global stakeholders
… Gas monetization, ending flares, others top agenda Seplat Energy Plc, leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, says that its energy transition…
NNPCL not owing Nigeria but Nigeria owing it N1.3trn—Kyari
NNPCL logo Nigerian National Petroleum Company Limited Chief Executive Officer ( CEO ), Mela Kyari has said that NNPC Limited is not owing Nigeria but that Nigeria is owing…
NNPCL Spent 94.7% of August Oil, Gas Revenue on Petrol Subsidy
NNPCL logo The Nigerian National Petroleum Company Limited (NNPCL) spent per cent of its revenue on petrol subsidy payment in August, latest data from the national oil company has affirmed.…
Reps probe NNPC Joint Venture business
House of Representatives has said it is probing the structure and accountability of Joint Venture (JV) business and production sharing contracts (PSCs) of Nigerian National Petroleum Company (NNPC) Ltd. Chairman…
95.4m litres crude oil stolen daily, says govt
Drums of oil The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said litres or 600,000 barrels of crude oil were stolen daily. It said a barrel contains 159litres. The…
No going back on power sector privatisation – FG
Power, illustration The Federal Government has reiterated its resolve and openness to more private sector collaboration as the only viable means of solving Nigeria’s energy needs. The Minister for Power,…
Cooking gas price rises by 101%
Gas cylinder The average price of 5kg cooking gas increased from N4, in July to N4, in August. The assertion was made by the National Bureau of Statistics…
FG loses 13.21m-barrels oil worth N603.64bn in 2022
Drums of oil Nigeria lost about million barrels of crude oil with an estimated worth of between January and August this year, an analysis of the monthly reports of the…
