Nigeria’s proven gas reserves hit 206.53TCF — DPR By Eyo Nsima The Department of Petroleum Resources (DPR) says Nigeria’s proven natural gas reserve stood at 206.53 trillion cubic feet (tcf) as at Jan.1, 2021. Mr. Sarki Auwalu, Director, DPR, made the announcement on Thursday in Abuja at the 2021 Nigeria International Petroleum Summit. The new […]
Nigeria’s proven gas reserves hit 206.53TCF — DPR Read More »
Price of Nigeria’s Bonny Light hits $71.73 per barrel as output stands at 1.344 mb/d By Eyo Nsima The price of Nigeria’s Bonny Light has risen to $71.73 per barrel from $70.60 recorded on Wednesday as the Organisation of Petroleum Exporting Countries, OPEC moves to achieve stability in the global market. This showed over $31.73
Price of Nigeria’s Bonny Light hits $71.73 per barrel as output stands at 1.344 mb/d Read More »
The Nigerian Senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards entrenching transparency and stamping out corruption from its system. The commendation was given by the Chairman of the Senate Committee on Anti-Corruption and Financial Crimes, Senator Suleiman Abdu Kwari, at a hearing held at the National Assembly Complex, Abuja, to
Senate extols NNPC Anti-Corruption efforts, drive towards profitability Read More »
The Director/CEO, DPR Engr Auwalu Sarki received the President, Nigeria Liquefied Petroleum Gas Association, Mr. Nuhu Yakubu, and his Executive team on a courtesy visit to DPR Head office, Abuja on Wednesday. The NLPGA President stated that the reason for the visit was to congratulate the Director/CEO on the numerous achievements witnessed in the oil
NLPGA executives visit DPR Director/CEO in Abuja Read More »
Technology will play a key role in ensuring Nigeria stays cost-competitive in today’s oil market, Mr. Roger Brown, Chief Executive Officer of Seplat Plc, has said. The Seplat CEO said this in his keynote address titled, “Oil Market Forum: Who Is In Control?” at the ongoing 2021 Nigerian International Petroleum Summit (NIPS) in Abuja. With
Technology, very germane to Nigeria’s competitiveness in oil market – Seplat CEO Read More »
Nigeria LNG Limited (NLNG) has signed 10-year LNG Sales and Purchase Agreements (SPAs) with three offtakers for the domestic supply of Liquified Natural Gas (LNG) in country. The Company will supply 1.1 Million Tons Per Annum (MTPA) of LNG on DES basis to Asiko Power Limited, Bridport Energy Limited and Gas-Plus Synergy Limited. The SPAs
NLNG signs Sales and Purchase Agreements to supply domestic LNG Read More »
Chevron MD highlights opportunities and new approaches to the future of hydrocarbons at NIPS 2021 Chairman/Managing Director, Chevron Nigeria Limited (CNL), Rick Kennedy, has identified opportunities in lowering carbon emissions and harnessing Nigeria’s gas resources as key enablers in complementing the new approaches to the future of hydrocarbons in the Nigerian oil and gas
NLNG is committed to supplying 1.1MTPA of LNG to Asiko Power Limited, Bridport Energy Limited and Gas-Plus Synergy Limited By Tony Attah It is an honor to be here today and no doubt, today will go down in history as another concrete step that we have taken as Nigeria LNG Limited to support the Federal Government’s Decade of the
The Nigerian National Petroleum Corporation has congratulated the President of the Nigerian Guild of Editors (NGE)), Mr. Mustapha Isa, on his re-election as the president of the Guild. The Group Managing Director of NNPC, Mallam Mele Kyari, in a congratulatory letter he personally signed, stated that Mr. Isa’s re-election did not come to him as
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OPEC Daily Basket – June 3, 2021 OPEC daily basket price stood at $69.89 a barrel Thursday, 3 June 2021, compared with $69.37 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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