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Business

NEITI reports Nigeria produced 5trn cubic feet of gas over two years

In the last two years, Nigeria has achieved a remarkable production of at least five trillion standard cubic feet of natural gas, underscoring the...

Business

NUPRC warns Nigeria may face gas shortfall by 2030

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday called for the upgrade of the country’s gas infrastructure to meet immediate needs.NUPRC made the...

News

Nigeria needs $10 billion annually for 2060 energy target – Shettima

Vice President Kashim Shettima disclosed on Friday that funding the nation’s energy transition requires investments of over $10 billion per year up to 2060.He...

Business

Nigeria gives condition for approval of gas distribution licences to firms

The Federal Government has promised stringent measures for gas companies seeking gas distribution licences in the country.The Minister of State for Petroleum Resources (Gas),...

Business

Nigerian govt raises gas price, sparking fears of increase in electricity tariff

The Federal Government, on Monday, announced new price of natural gas for power generation companies sparking concerns of impending increase in electricity tariff.According to...

News

FG reiterates readiness partnership on domestic gas utilisation

Ekpo said this at the 8th Sub-Saharan Africa International Petroleum and Exhibition Conference on Tuesday in Lagos.The News Agency of Nigeria (NAN) reports that...

Politics

Worried over scarcity of funds, Senate to summon NNPCL, mulls gas fields auction

The Nigerian Senate has resolved to summon the Nigerian National Petroleum Company Limited (NNPCL) as well as representatives of the federal government to explain...

Business

Tinubu lauds Nigeria’s landmark victory in P&ID case

President Bola Tinubu, on Monday extolled the judgment rendered by Judge Robin Knowles of the Business and Property Court in London.The News Agency of...

Business

Gas to play a significant role in Africa’s energy mix, says NLNG’s MD

Natural gas should and will play a significant role in Africa’s energy mix to meet the demands arising from rapid population growth and economic...

Business

Tinubu requests UK investment to transport Nigeria’s gas to Europe

President Bola Tinubu has asked for investment support from the United Kingdom to transport gas to Europe, his media aide, Ajuri Ngelale, has revealed.According...

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