The Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has said he would invite regulatory agencies and producers of Liquefied Petroleum Gas (LPG) popularly known as cooking gas to address the current soaring prices of the product in the country. This was just as the federal government through the Decade of Gas Secretariat…
Nigeria’s Minister of State for Health and Social Welfare, Dr. Tunji Alausa, announced that the Federal Government has approved a 50% electricity subsidy for According to him, this gesture aims to reduce the running costs for public hospitals and alleviate the impact on patients.The Minister, speaking at the National Neo-Psychiatric Hospital in Barnawa, Kaduna, also…
NIPCO Gas has, in partnership with the Nigerian National Petroleum Company Gas Marketing Limited, unveiled the Lekki Gas Distribution Project and the Lekki Power Plant. NIPCO Gas entered into a partnership with the NGML for the supply and distribution of natural gas in the Lekki Gas Distribution Area in June 2022. Subsequently, the NGML-NIPCO Gas…
The acting Managing Director of the Eko Electricity Distribution Company, Mrs Rekhiat Momoh, disclosed that the company was being owed N144 billion by ministries, departments and agencies in its area of operation. Momoh announced this on Tuesday when the House of Representatives Committee on Privatisation and Commercialisation visited the company in Lagos. According to Momoh,…
Against the backdrop of escalating cost of doing business oil marketers have started pushing for a reduction in the pump price of diesel to N700 per litre to help improve the distribution of petroleum products across the country.The President of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), Mr. Benneth Korie Doi, yesterday in…
No fewer than 72 illegal crude oil refining sites were uncovered in the past week, the Nigerian National Petroleum Company Limited disclosed in a video report. The 72 illegal refineries were reportedly discovered and destroyed in Rivers, Delta and Abia states. On August 18, a vessel was said to have been arrested by men of…
A media entrepreneur, Prince Nduka Obaigbena has called on journalists to prepare for Artificial Intelligence if they want to remain relevant and in business. Prince Obaigbena, who is the Chairman of the THISDAY/Arise Media Group, made the call in a keynote address at this year’s Lateef Jakande Annual Memorial Lecture organised by the Nigerian Guild…
The Petroleum Technology Association of Nigeria, PETAN, is seeking partnership with the Abia State Government, under a joint venture model, to operate some potential upstream marginal fields in the state. PETAN’s Chairman, Engr. Wole Ogunsanya, made the proposal when he led his Executive team on a courtesy visit to Governor Alex Utti in Umuahia, Abia…
The National Association of Energy Correspondents, NAEC, has called on the Federal Government and stakeholders in the energy sector to create an enabling environment for gas development and innovation of Gas technologies in Africa. NAEC’s Chaiman, Ugochukwu Amadi, made the call in Abuja at the Africa Gas Innovation Summit (AGIS) 2024, with the theme “Igniting…
Nigeria’s rich Oil and Gas reserve is a lucrative investment opportunity which both local and international investors should take advantage of. The Chief Executive Officer, Upstream Regulatory Petroleum Commission, NUPRC, Mr. Gbenga Komolafe, stated this at the “Nigerian 2024 Licencing Round Pre Bid Conference in Lagos. Mr Komolafe was optimistic that the exercise would unlock…
