DPR to Fast-track Integration of Domestic Gas Market Hubs into NGTNC

August 13, 2020 309

Oil & Gas

The Department of Petroleum Resources (DPR) has restated its commitment to fast-tracking the full integration of domestic gas market hubs into the Nigeria Gas Transportation Network Code (NGTNC).This it said is to ensure optimal impact in the country’s domestic gas market.DPR’s Director, Mr Auwalu Sarki, made the commitment at the recent flag-off of the NGTNC. […]Continue Reading

NCDMB Partners Duport, Eraskon For Energy Park, Blending plant

July 25, 2020 323

Oil & Gas

The Nigerian Content Development and Monitoring Board (NCDMB) has signed equity investment agreements with two companies -Duport Midstream Company for the establishment of an Energy Park in Egbokor, Edo State and Eraskon Nigeria Limited, for the construction and operation of a lubricating oils blending plant in Gbarain, Bayelsa State.The Board’s investments will catalyse Continue Reading

NNPC Increases Gas Supply To Power Sector By 19 Per cent

July 9, 2020 304

Oil & Gas

NNPC has increased gas supply to power sector by 19 per cent in April. Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), announced this on Thursday, July 8. This increase of 19.14 per cent in the average daily natural gas supply to power plants in April 2020, translates to 788 […]Continue Reading

Atlas Petroleum Resumes Development of OML109

July 9, 2020 306

Oil & Gas

By Chike OnwuegbuchiAtlas Petroleum, one of the country’s pioneer marginal oilfield operators,says it has resumed ‘workover’ activities and well interventions on its Ejulebe marginal field, on OML 109 in the Niger Delta area,the company has said,july 7,2020.OML 109 comprises 14 identified and mapped prospects and leads, and an “un-risked” resource potential estimated in Continue Reading

FG Deregulates Petrol Price

June 5, 2020 462

Oil & Gas

The Federal government has deregulated the price of petrol in the country ,today June 4,2020. This significant development was disclosed by the Executive Secretary of the Petroleum Products Pricing and Regulatory Agency, PPPRA ,Abdulkadir Saidu in an official statement released in Abuja on Thursday, June 4. The statement entitled, ‘’Market Based Pricing Regime for Premium Continue Reading

FG Offers 57 Marginal oil fields To Investors

June 3, 2020 306

Breaking News Oil & Gas

The Federal Government has announced the offer of 157 marginal oil fields to investors. The Department For Petroleum Resources, DPR made the announcement on Monday, June 1,2020. Although the 2020 Marginal bidding round had been on the cards of the Buhari Administration since the beginning of the year, the unexpected spread mid-February, of the covid-19 […]Continue Reading