The Nigerian National Petroleum Corporation (NNPC) Corporation has deployed online petroleum products procurement solutions and also developed a contacts-tracing software application that would be deployed in all its locations across the country. This is in line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present leadership of […]
Nigeria Crude oil reserves now 36.89 billion barrels Nigeria has announced that its proven natural gas reserve is now 203.16 trillion cubic feet (tcf) while crude oil reserve is now 36.89 billion barrels (bb) as at January 1, 2020. Speaking during a media interactive session on Tuesday, Director of Department […]
The Minister of State for Petroleum Resources, HE Chief Timipre Sylva, has launched the National Gas Transportation Network Code on Monday February 10, 2020 on the opening day of the third edition of the Nigerian International Petroleum Summit (NIPS 2020) in Abuja. During the event which was declared open by […]
The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants in November last year increased by 16.53% to 645 mmscfd, equivalent to power generation of 2,178MW. Comparatively, the October 2019 gas supply to power averaged 553 mmscfd to generate 2,050 MW, a […]
The Department of Petroleum Resources (DPR) in Abuja, raised the alarm about activities of illegal marketers of Liquefied petroleum gas (LPG) insisting that the development remains a critical treat to lives and properties and uneconomical to users. Closing down over 26 illegals shops and arresting 22 traders citing retail outlets […]
The Nigerian National Petroleum Corporation (NNPC and its investment partners, Shell, Total and ENI, have taken the Final Investment Decision (FID) to go ahead with the construction of Train 7 of the Nigeria Liquefied Natural Gas (NLNG). Announcing the development Friday at the NLNG Headquarters Annex in Abuja, a visibly […]
The Federal Government has spent over N780 billion as ‘under-recovery’ between January and December 2019, surpassing the N305 billion provision for under-recovery in the 2019 budget, according to investigation by Saturday Tribune. It is noteworthy to state that the Nigerian National Petroleum Corporation (NNPC) had stated that only the National […]
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