Oil & Gas

The CEO roundtable of the upcoming Nigeria International Energy Summit (N.I.E.S 2022) taking place in Abuja from February 27th to March 3rd, 2022, will unfold strategies for a seamless energy transition with the view of ensuring energy security without putting the country’s economy and its huge hydrocarbon resources at risk. The session will kick off […]

By Eyo Nsima The President and Executive Council of Nigeria LP Gas Association (NLPGA) commends the Board of Directors and management of Nigeria LNG Limited (NLNG) for its recent decision to supply 100% of the company’s LPG production to the Nigerian market. This is a major milestone coming just three months after the Company supplied

By Eyo Nsima Ardova Plc has conducted a groundbreaking ceremony to commemorate the ongoing construction of its new world-class Liquefied Petroleum Gas (LPG) storage facility at the company’s Ijora-Lagos Campus. The LPG facility which will sit on 8.8 hectares and have a combined storage capacity of 20,000 metric tonnes, underscores Ardova’s commitment to growing revenues

The Federal Government has concluded plans to convert 200, 000 automobiles from using petrol to compressed natural gas (CNG) usage in 2022. It also has plans to have at least one million automobiles converted in the next three years. The Minister of State Petroleum Resources, Chief Timipre Sylva said the government was looking at providing

Nigeria LNG (NLNG) Limited today signed Memoranda of Understanding (MOU) with six Nigerian teaching hospitals nationwide, flagging off the implementation of its multi-billion-naira Hospital Support Programme (NLNG HSP). The six hospitals were selected as part of the first phase of the NLNG HSP. The NLNG HSP targets 12 hospitals from the six geographical zones in

Crude prices could rise further amid tighter supplies, Vitol, the world largest independent oil trader, has said. “These prices are justified,” Mike Muller, head of Asia for Vitol Group, told Bloomberg in an interview. “Strong backwardation is very much justified,” he said, referring to a bullish pattern whereby near-term futures are more expensive than later