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After River Niger crossing, AKK Gas Pipeline to complete connections by December __Ojulari
Sopuruchi Onwuka The domestic gas market is set to further expansion with the imminent completion of the Ajaokuta-Kaduna-Kano (AKK) pipeline the critical connections along whose route are expected to be competed in the next six months. Group Chief Executive Officer…
Growth Target: Petroleum players demand less distraction from lawmakers
Sopuruchi Onwuka For the petroleum players to assist the present administration of the federal government meet its mandate of increasing the nation’s oil output by a million barrels per day in the immediate term, the lawmakers need to end the…
Shell goes bullish in Nigeria’s deepwater with 67.5% stake in OML 118
*Pays $1.208 bn royalties to FG, maps $5 bn for Bonga North project *Dazzles NOG delegates with elaborate exhibition Sopuruchi Onwuka After loading off its onshore exploration and production portfolios with the basket divestment of Shell Petroleum Development Company (SPDC)…
Gas players demand collaborative ecosystem to unlock Nigeria’s full potential
Sopuruchi Onwuka Top brass of Nigeria’s gas players have called on the government to facilitate evolution of a collaborative ecosystem that makes the operating environment congenial for realization of prime national economic aspirations for the gas industry. Eminent panelists at…
NNPC says internal sabotage has risen against imminent reforms
Sopuruchi Onwuka The new leadership of the Nigerian National Petroleum Company (NNPC) Limited has declared that it facing internal resistance to ongoing reforms conceived to reposition the company for greater efficiency. It also vowed to remain focused and undeterred in…
Dangote’s N720bn CNG trucks to save Nigerians N1.7trn, lift 42m MSMEs
Dangote Petroleum Refinery stated that over N720 billion it invested in deploying 4,000 gas fired trucks for the nationwide distribution of petroleum products is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery…
Local Content: NLNG demands domesticated industry technology
Africa’s lead gas exporter, the Nigeria Liquefied Natural Gas (NLNG) Limited, has restated its proposal for evolving custom technology that would enhance the utilization of local goods and services in the Nigerian energy industry. Deputy Managing Director, Olakunle Osobu, who…
NCDMB to champion “Nigeria First” policy in petroleum sector
The Nigerian Content Development and Monitoring Board (NCDMB) has pledged its full commitment to implementing the recently introduced “Nigeria First” policy, a key directive of President Bola Ahmed Tinubu’s administration aimed at boosting local production and patronage of locally made…
