Oil & Gas
Oil & Gas

Nigeria to begin exporting petroleum products in 2024 – NNPC

From Our Correspondent Nigerian National Petroleum Company (NNPC) Limited, has projected Nigeria will become a net exporter of petroleum products, come 2024. The Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, made this revelation during a meeting with the Speaker of the House of Representatives, Tajudeen Abbas. Kyari said all […]

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General Oil & Gas

Nigeria, Germany sign $500m renewable energy, gas agreement

From Our Correspondent Nigeria and Germany have signed two Memoranda of Understanding (MoU) on gas supply to Germany and another $500 million worth of renewable energy projects in Nigeria. Ajuri Ngelale, Presidential Spokesman, announced this in a statement on Wednesday in Abuja. Ngelale said President Bola Tinubu witnessed the signing of the two MoUs on […]

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Economy Oil & Gas

 NLNG dismisses speculation on gas prise hike

By Abdulfatah Babatunde Nigeria LNG Limited (NLNG) has dismissed speculative reports of domestic price surge of cooking gas known as Liquefied Petroleum Gas (LPG). Andy Odeh, General Manager, External Relations and Sustainable Development at NLNG dismissed the speculation in a statement emailed to TheNewsZenith on Wednesday. “The speculation is indicative of a fundamental misunderstanding of Nigeria’s […]

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General Oil & Gas

Petroleum tanker drivers back Tinubu’s oil sector agenda

From Our Correspondent The Petroleum Tanker Drivers (PTD) association says time has come to work with the Federal Government, stop strikes and ensure an adequate supply of petroleum products. Mr Lucky Osesua, President of PTD, while chatting with newsmen on Tuesday in Abuja. Osesua urged PTD members nationwide to go about their normal duties to […]

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Economy National Oil & Gas

NLNG restates commitment to local content development

By Abdulfatah Babatunde The Nigeria LNG Limited (NLNG) has again demonstrated its unwavering commitment to the advancement of local content in Nigeria. The company reinstated this at a three-day Nigerian Content Stakeholders Retreat held at its plant complex in Bonny, Rivers State over the weekend. The event provided a platform for the cohesion of NLNG’s […]

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General Oil & Gas

FG establishes 7 CNG conversion centres

From Our Correspondent The Presidential Compressed Natural Gas (CNG) Initiative Steering Committee, on Friday, said seven CNG conversion centres have been established in the country. The Committee Chairman, Mr Zacch Adedeji, made this known while handing over CNG buses to the State House, Permanent Secretary, Mr Olusesan Adebiyi, in Abuja. Adedeji is the acting Chairman […]

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Economy General Oil & Gas

Nigeria’ll support global energy security – NLNG MD

By Abdulfatah Babatunde The Decade of Gas plan is the most comprehensive plan to restore efforts towards fully harnessing Nigeria’s vast gas resources and ensure a reliable global supply of clean energy, the Managing Director of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila, has said. Mshelbila made this remarks when a delegation from the European […]

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Economy General Oil & Gas

Gomba’s “Grit” wins “Nigeria Prize for Literature”

By Abdulfatah Babatunde The Advisory Board for The Nigeria Prize for Literature, sponsored by Nigeria LNG Limited, (NLNG) has announced “Grit”, authored by the playwright, Obari Gomba, as the winner of the $100,000 prize for the 2023 cycle on Drama. Prof. Akachi Adimora-Ezeigbo, Chairperson of the Advisory Board, made the announcement at the Grand Award […]

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Economy General Oil & Gas

NLNG seeks urgent action to secure gains from gas

By Our Correspondent The Managing Director of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila, says Nigeria should leverage the opportunities from energy transition by increasing its investment in gas to harvest huge gains. Mshelbila gave the advise, on Monday, when the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, visited the NLNG plant on […]

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General Oil & Gas Security

Nigeria Army intercepts stolen crude, arrests 22 suspects

From Our Correspondent The Nigeria Army says its troops in the Niger Delta area foiled crude oil theft estimated to cost about N388.5 million and arrested 22 suspected oil thieves in the process. Maj. Gen. Buba Edward, the Director of Defence Media Operations, announced this at a media briefing, on Thursday, in Abuja. Edward spoke […]

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