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Senate probes Kachikwu, DPR over oil lease renewal

Senate probes Kachikwu, DPR over oil lease renewal

Leke Baiyewu, Abuja The Senate has resolved to investigate Nigeria’s imminent loss of $10bn to illegal discounts and rebates granted by Federal Government officials in the process of oil and gas lease renewal. Adopting a motion moved at the plenary on Wednesday titled: ‘Irregularities in the Ongoing Oil and Gas Lease Renewal and Massive Loss […] …

Nigeria loses N72bn to gas flaring in three months

Nigeria loses N72bn to gas flaring in three months

’Femi Asu Oil and gas companies operating in the country flared a total of 85.81 billion standard cubic feet of natural gas in the first three months of the year, causing the country an estimated loss of N72.41bn. Data obtained by our correspondent from the Nigerian National Petroleum Corporation showed that 31.68 billion scf of […] …

‘Flared gas enough to generate 3000Mw’

‘Flared gas enough to generate 3000Mw’

Flared gas in Nigeria is enough to generate between two and three gigawatts (Gw) of electricity, The Nation has learnt. Nigerian Gas Association (NGA)President, Dada Thomas, spoke while speaking on natural gas under-utilisation to power the economy. In a document titled: “Natural gas as a catalyst for Nigeria economic transformation: Technical challenges and opportunities”, Thomas,Read More
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Total fuel leakage: Station, others clarify remediation, restoration

Total fuel leakage: Station, others clarify remediation, restoration

The remediation by the Akoka, Lagos Total filling station management in fixing its underground tank, which leaked fuel that polluted residents’water sources last year, has received commendations from government agencies and residents. They praised the firm’s management for its swiftness in addressing the leakage. However, a resident seems not happy and complains about the jobRead More
The post Total fuel leakage: Station, others clarify remediation, restoration appeared first on The Nation Nigeria. …

NCDMB explains SLA, other labour issues to NUPENG

NCDMB explains SLA, other labour issues to NUPENG

The Nigerian Content Development and Monitoring Board (NCDMB) has explained its Service Level Agreement (SLA) with Oil Producers Trade Section (OPTS) and other labour concerns raised by the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG). NCDMB Executive Secretary, Simbi Wabote spoke during a meeting by the House of Representatives Committee on Petroleum ResourcesRead More
The post NCDMB explains SLA, other labour issues to NUPENG appeared first on The Nation Nigeria. …

Kachikwu, others to attend AOW 2018

Minister of State for Petroleum Resources, Dr Ibe Kachikwu will lead other stakeholders in the Nigerian oil sector to the prestigious Africa Oil Week (AOW) 2018. The 25th edition of Africa Oil Week conference will […]
The post Kachikwu, others to attend AOW 2018 appeared first on Tribune. …

NNPC engages Cross River community on 14MW oil palm bio-diesel project

FG approves corps members’ inclusion in health scheme

The Nigerian National Petroleum Corporation (NNPC) has commenced comprehensive community integration and stakeholders’ engagement to sensitize dwellers of Iwure, Ojor and Osomba/Akin communities of Cross River State ahead of planned oil palm-based biodiesel project in […]
The post NNPC engages Cross River community on 14MW oil palm bio-diesel project appeared first on Tribune. …

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