Author name: Alison_Godswill

DPR pledges support for first floating LNG Production Plant Project   The Department of Petroleum Resources (DPR) has pledged support to the hitch-free completion of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant. Mr. Sarki Auwalu, Director, DPR gave the assurance at the online contract signing of an agreement by an indigenous oil and […]

Why implementation of 20% hike in freight cost is delayed – PEF By Godswill Odiong THE Executive Secretary of the Petroleum Equalisation Fund, Ahmed Bobboi has attributed the delay in the implementation of 20 per cent rise in the cost of transporting premium motor spirit, petrol, in pricing template to an ongoing negotiation between the

How Nigeria’s oil output drops by 23.1% to 1.3 mb/d By Eyo Nsima NIGERIA’s oil output dropped to 1.372 million barrels per day, mb/d in April 2021 from 1.793 mb/d in the corresponding period of 2020, indicating a fall of 23.1 percent. In its May 2021 report released Tuesday, the Organisation of Petroleum Exporting Countries,