Oil & Gas
Economy Oil & Gas Transportation

FG gifts 64 CNG buses to Labour Unions, NANS

From Our Correspondent The Federal Government has donated 64 Compressed Natural Gas (CNG) buses to the Trade Union Congress (TUC), the Nigerian Labour Congress (NLC) and the National Association of Nigerian Students (NANS). TheNewsZenith reports that a federal government delegation, led by the Coordinating Minister of the Economy and Minister of Finance, Wale Edun, made […]

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General Oil & Gas

CSOs commend FG’s effort to ensure affordable petrol

From Our Correspondent The National Civil Society Council of Nigeria (NCSCN) has commended the Federal Government for making efforts to ensure Nigerians buy petrol at the cheapest cost possible. TheNewsZenith reports that Charles Ibiang, NCSCS’s Director of Petroleum and Natural Resources, said this at a news conference in Abuja. Ibiang explained that the Nigerian National […]

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Oil & Gas Transportation

CNG: Lagos centres begin vehicle conversion inspection

By Muhammed Opeyemi The Presidential CNG Initiative (PCNGi) has started inspecting commercial vehicles that would benefit from the free Compressed Natural Gas (CNG) conversion and installation in Lagos. TheNewsZenith reports that the exercise is part of the PCNGI as approved by President Bola Tinubu to provide a cheaper and cleaner vehicle fueling alternative for Nigerians. […]

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General Oil & Gas

Group lauds FG’s CNG as alternative energy source

From Our Correspondent The Tinubu Media Volunteers have applauded the efforts of President Bola Tinubu’s administration to roll out Compressed Natural Gas as a cheaper alternative to petrol. TMV gave the commendation in a statement emailed to TheNewsZenith on Friday evening. It gave the applause following indication that CNG at N230 per kg, is far […]

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Economy Oil & Gas

NCDMB lauds local content achievements in NLNG’s Train 7 Project

By Abdulfatah Babatunde The Executive Secretary (ES) of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe has commended the significant local content strides achieved in the Nigeria LNG Limited (NLNG) Train-7 project. TheNewsZenith reports that Ogbe gave the commendation when he visited NLNG project sites on Friday in Bonny, Rivers State. Ogbe […]

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Economy Oil & Gas

Tax: We remain a responsible corporate citizen – NLNG

By Our Correspondent The Nigeria LNG Limited (NLNG) says it remains a responsible corporate citizen, consistently operating in compliance with Nigerian laws. Andy Odeh, NLNG’s General Manager, External Relations and Sustainable Development, gave this assurance in a statement emailed to TheNewsZenith on Thursday. Odeh assures that the company will continue to operate in line with […]

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Ecology Environment Oil & Gas

PIA will resolve apprehension in oil communities – Stakeholders

theri ADVERTISEMENT From Our Correspondent Mr Anthony Ifeanya, Anambra State Commissioner for Petroleum and Mineral Resources, says the slow implementation of the Petroleum Industry Act, (PIA) 2021, was causing apprehension in host communities. Ifeanya made the assertion at the opening of a two-day workshop for the leaders of Host Communities of Nigeria Producing Oil and […]

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Economy Oil & Gas

NLNG’s Bonny Gas Transport charters prototype new vessel

By Abdulfatah Babatunde The Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a new vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio. Iwokiri Aprioku, NLNG’s Acting Manager, Corporate Communication and Public Affairs announced this in a statement emailed to TheNewsZenith […]

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Economy Oil & Gas

NNPC, NOSL begin first oil production in A/Ibom

From Our Correspondent The NNPC Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL), have announced they successfully began oil production at the Oil Mining Lease (OML) 13 in Akwa Ibom State. Olufemi Soneye, Chief Corporate Communications Officer of NNPC announced this in a statement emailed to TheNewsZenith on Monday. According […]

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Economy Foreign News Oil & Gas

Oil prices advance as investors reassess US inventories data

Global oil prices edged up on Thursday, recovering from two consecutive sessions of decline, as investors reassessed the latest U.S. crude oil and gasoline inventories data and returned to buying mode. Brent crude futures for May were up 29 cents, or 0.34 per cent, at $86.38 a barrel while the more actively traded June contract […]

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