Oil & Gas - News Agency Of Nigeria

AKK gas pipeline critical to Nigeria’s industrialisation, economic growth – Edun

BY Afonne Emmanuel June 23, 2024

Oil & Gas

By Emmanuella Anokam The Minister of Finance/Coordinating Minister of the Economy, Mr Wale Edun has described the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project as critical to the industrialisation and economic growth of Nigeria. Edun stated this on Friday, during a working visit of three cabinet Ministers to the AKK gas pipeline project site wher

AKK gas pipeline project 90% complete -Minister

BY Rabi'u Sani Ali June 22, 2024 June 23, 2024

Oil & Gas

By Aisha Gambo Wale Edun, Minister of Finance and Coordinating Minister of the Economy,, says the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project has reached 90 per cent completion stage. The minister said this in Kaduna during an inter-ministerial visit to the gas pipeline project at River Kaduna HDD crossing site. He said the 614-kilometre projec

NEITI, stakeholders meet to review 2023 Nigeria extractive industries report

BY Afonne Emmanuel June 20, 2024

Oil & Gas

By Lucy Ogalue The Nigeria Extractive Industries Transparency Initiative (NEITI) is engaging with stakeholders to review and validate the 2023 Annual Progress Report (APR) of Nigeria’s extractive industries. Dr Orji Ogbonnaya Orji, the Executive Secretary of NEITI, said this at a Stakeholder’s Consultation/Validation Meeting on Thursday in Abuja. T

Oil block Licencing: NUPRC extends deadline for pre-qualification documents submission

BY Afonne Emmanuel June 18, 2024

Oil & Gas

By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the extension of the deadline for the registration and submission of pre-qualification documents for the 2024 oil block licensing round. Mr Gbenga Komolafe, Commission Chief Executive (CCE), NUPRC, announced the extension in a statement issued on Wednes

Global Energy Show: Ekpo woos Canadian investors

BY Afonne Emmanuel June 15, 2024 June 18, 2024

Oil & Gas

By Emmanuella Anokam The Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo says the path to a sustainable energy future requires partnership, innovation, and a shared commitment to addressing global energy challenges. Ekpo said this at a reception hosted by the Nigerian High Commission in Alberta, Calgary, Canada, where he is attending th

Experts list ways to boost Nigeria’s natural gas production

BY Vivian Ihechu June 13, 2024

Business Oil & Gas

By Rukayat Moisemhe Some experts have called for a well-articulated and sustainable programme to decentralise the power sector regulatory environment and incentivise investors to boost natural gas production in Nigeria. They said this at the American Business Council (ABC) Economic Update with theme: “Energising Nigeria: Navigating Challenge

Establishing Africa energy bank will foster energy security across Africa – Lokpobiri

BY Afonne Emmanuel June 12, 2024

Oil & Gas

By Emmanuella Anokam The Federal Government says establishing the Africa Energy Bank (AEB) represents a bold and strategic move towards ensuring energy security, fostering economic growth and promoting sustainable development across Africa. Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), made this known at a dinner with Heads

NNPC, Golar sign agreement on floating LNG

BY Afonne Emmanuel June 12, 2024

Oil & Gas

By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) has executed a Project Development Agreement (PDA) with Golar LNG for the deployment of a Floating Liquefied Natural Gas (LNG) offshore Niger Delta, Nigeria. Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd., in a statement on Tuesday said the agreement

NNPC Ltd disowns report on alleged inflated subsidy claims

BY Afonne Emmanuel June 10, 2024

Oil & Gas

By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Monday disowned reports in some sections of the media alleging that it inflated subsidy claims by N3.3trillion. A statement issued by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd., stated that the company had always conducted its businesses accou

Niger Delta: CSOs back NASS resolution to halt divestment by IOCs

BY isaac aregbesola June 9, 2024 June 10, 2024

Oil & Gas

Niger Delta: CSOs back NASS resolution to halt divestment by IOCs