LPG: DPR cautions against black market, sharp practices The Department of Petroleum Resources has warned those who indulge in illegal sale of Liquefied Petroleum Gas and other sharp practices to desist from such henceforth. It said ‘black market’ gas distribution was a serious danger to the gas sector. Operations Controller, DPR, Warri Zonal Office, Mr […]
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Sahara Group celebrates 25 years of global expansion, operational efficiency Executive Director, Sahara Group, Temitope Shonubi has said the energy conglomerate’s impressive growth trajectory since 1996 has been driven by knowledge, business integrity, humility, diverse people and robust global network. “These past 25 years, knowledge has been the empowering tool for Sahara, business integrity
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NOGEC designed to achieve cost reduction, increase production, and value maximization in oil and gas industry By Chief Timipre Sylva It is my profound delight to warmly welcome all in attendance, both physically and virtually, to this historic event – the commissioning of the National Oil and Gas Excellence Centre (NOGEC) situated
SEPLAT reopens office in Lagos, Nigeria as Court suspends Order Seplat Petroleum Development Company Plc, a leading indigenous Nigerian oil and gas exploration and production company with a strategic focus on Nigeria, has disclosed that the Court of Appeal has suspended the Order of Interlocutory Injunctions made by the Lagos Federal High Court that led to the
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OPEC Daily Basket – January 21, 2021 OPEC daily basket price stood at $55.14 a barrel Thursday, 21 January 2021, compared with $55.75 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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Cooking Gas: NLPGA celebrates as Nigeria exceeds One Million Metric Tonnes Consumption per year By Eyo Nsima The Nigeria LPGas Association, NLPGA, has rolled out its drums to celebrate as Nigeria exceeds One Million Metric Tonnes of the Liquefied Petroleum Gas, LPG, consumption per year. The association disclosed that, “The year 2020
We’ll utilize petroleum revenue to develop Nigeria’s non-oil sector — President Buhari President Muhammadu Buhari, has promised to utilize the oil and gas revenue for diversification of Nigeria’s economy. The President, who spoke at the virtual inauguration of the National Oil and Gas Excellence Centre at the Department of Petroleum Resources headquarters, Lagos,
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OPEC Daily Basket – January 20, 2021 OPEC daily basket price stood at $55.75 a barrel Wednesday, 20 January 2021, compared with $54.85 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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Oil Market: Prices rise to $56.31 on US President inauguration THE prices of many crudes have risen in excess of $56.31 in the global market because of the expectation that the United States, President-elect Joe Biden, would ‘act big’ in fighting the Coronavirus pandemic. The COVID-19 has culminated in the reduction of economic and other
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Cooking gas consumption in Nigeria rises by 60.5% — PPPRA The Petroleum Products Pricing Regulatory Agency, PPPRA, said over one million metric tonnes (mt) of Liquefied Petroleum Gas was consumed in 2020. In a statement obtained by The Daily, http://www.thedaily-ng.com, the Executive Secretary, Abdulkadir Saidu, disclosed that 840,594.37 MT of LPG was consumed in 2019, thus indicating an
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