Category: Oil and Gas

Nigeria listed among largest LNG suppliers to Europe

The International Gas Union has stated that after the United States of America, Qatar, Russia, and...

Oil price hits $93/barrel – Report

The price of Brent jumped on Wednesday, reaching nearly $93/barrel after circling around $87/barrel the previous...

How Isreal-Palestine conflict affected gas spot prices – Report

Liquefied Natural Gas spot prices have soared by more than 40% since the start of...

Crude oil stays at $90/barrel

Brent crude went up to $90 per barrel on Friday, October 13, according to a study...

Why Nigerians substitute petrol for CNG – Association

The Nigerian Gas Association has advocated for the use of compressed natural gas as a...

Oil production hits 1.7m barrels daily – FG

The Federal Government reported on Friday that Nigeria’s oil production had climbed from 1.1 million...

NNPCL ends crude oil swap deal for petrol – Report

The Nigerian National Petroleum Company Limited has discontinued the crude oil exchange deal for petrol...

Lagos, firm partner to reduce gas emissions

Smart Gas Company Limited announced a collaboration with Odiolowo/Ojuwoye Local Council Development Area, Ilupeju in...

Oil production increases to 1.35m barrels/day

  By Wilson Adekumola Nigeria’s crude oil output reportedly rose to 1.35 million barrels per...

Oil companies get 26 divested licences in 10 years

Over the past ten years, 26 oil mining licences in the Niger Delta basin have...

Why filling stations are shutting down – Marketers

Marketers of petroleum products have issued warnings that filling stations are shutting down as a...

Four consortia to repair deteriorated pipelines – NNPCL

The Nigerian National Petroleum Company Limited announced on Monday that four consortiums would fund the...