NBS says prices of petrol, diesel increased in September

NBS says prices of petrol, diesel increased in September

The National Bureau of Statistics (NBS) said the price paid by consumers for Premium Motor Spirit (Petrol) increased to N147.30 in September from N146.90...

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Nigeria possesses 2.6% of global gas reserves – NGA

Nigeria possesses 2.6% of global gas reserves – NGA

Nigeria houses about 2.6 per cent of the 6832 Trillion Cubic Feet (TCF) of the global gas reserve, according to the Nigerian Gas Association...

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Thomas Dada calls for increased regional development of gas infrastructure

Thomas Dada calls for increased regional development of gas infrastructure

Nigerian Gas Association President, Dada Thomas has called for the promotion of regional gas development. He disclosed this at the association’s 11th International Conference...

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Kachikwu sees over $3b investments for refineries

Kachikwu sees over $3b investments for refineries

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has said that the investment drive that the government has embarked upon will...

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Nigeria grew forex reserves by $20bn from OPEC’s exemption – Kachikwu

Nigeria grew forex reserves by $20bn from OPEC’s exemption – Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, Wednesday disclosed that the crude oil production exemption granted to Nigeria in 2016 by...

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OPEC wary of 2019 crude oil surplus – Barkindo

OPEC wary of 2019 crude oil surplus – Barkindo

OPEC sees the oil market as well supplied and is wary of creating a glut next year, the group’s secretary-general said on Thursday, suggesting...

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Nigeria losing 500mmscf of gas daily due to power sector issues – NNPC GMD

Nigeria losing 500mmscf of gas daily due to power sector issues – NNPC GMD

The Nigerian National Petroleum Corporation stated on Monday that on a daily basis, over 500 million standard cubic feet of gas were being shut...

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FG working on legal instrument for harnessing offshore gas – Kachikwu

FG working on legal instrument for harnessing offshore gas – Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday said that by the end of the month, the Federal Government would have...

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Nigeria faces worrisome energy crisis – Kachikwu

Nigeria faces worrisome energy crisis – Kachikwu

Minister of State, Petroleum Resources, Dr. Ibe Kachikwu, on Monday, said there was an urgent need to evolve a sound industry blueprint to the...

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