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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$1.1bn OML 17 investment to benefit FG, communities, Nigeria’s economy — TNOG THE $1.1 billion Oil Mining License, OML 17 deal undertaken by TNOG Oil and Gas Limited, a related company of Heirs Holdings and Transcorp would be beneficial to the Federal Government, communities and the entire nation’s economy. Chief Finance Officer, TNOG, Samuel
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OPEC Daily Basket – January 19, 2021 OPEC daily basket price stood at $54.85 a barrel Tuesday, 19 January 2021, compared with $53.92 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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