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NNPC to aggressively grow LPG consumption across Nigeria

NNPC to aggressively grow LPG consumption across Nigeria

In a statement issued by NNPC spokesman, Mr Ndu Ughamadu, in Abuja, the Group Managing Director of the NNPC, Dr Maikanti Baru, expressed the Corporation’s commitment to aggressively growing local consumption of Liquefied Petroleum Gas (LPG), popularly known as cooking gas while speaking at the opening ceremony of the Eighth Annual NLPGA Conference and Exhibition…. READ MORE

International Volunteer Day 5 December

International Volunteer Day 5 December

International Volunteer Day (IVD) mandated by the UN General Assembly, is held each year on 5 December. It is viewed as a unique chance for volunteers and organizations to celebrate their efforts, to share their values, and to promote their work among their communities, non-governmental organizations (NGOs), United Nations agencies, government authorities and the private sector…. READ MORE

NNPC is exploring new funding options for oil and  operators

NNPC is exploring new funding options for oil and operators

Nigeria’s state-owned oil company, Nigerian National Petroleum Commission (NNPC) is seeking new funding options that will enable operators in the country’s oil and gas industry to increase exploration to 40 billion barrels reserves and 3 million barrels a day production by 2020. The Group Managing Director of NNPC, Dr Maikanti Baru said the operators have been… READ MORE

Are we on the verge of another  scarcity?

Are we on the verge of another scarcity?

Should the Federal Government fail to settle outstanding debts totalling N800 billion, there may be a fuel scarcity during the festive season as oil marketers have unanimously issued a seven-day ultimatum to the President Muhammadu Buhari-led administration. The oil marketers, comprising Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DPPMA) and… READ MORE

Buhari to attend  change conference in Poland

Buhari to attend change conference in Poland

President Buhari departs Abuja Saturday for Katowice, Poland, to attend the 24th session of the Conference of the Parties (COP24) under the UN Framework Convention on Climate Change (UNFCCC) December 2-4, 2018.The COP24 Summit, which will be held at the International Conference Center (MCK) and the adjacent Spodek Arena in Katowice, is being convened under… READ MORE

LPG is an Exceptional Energy Source

LPG is an Exceptional Energy Source

  With global availability, environmental benefits, its natural co-product origin, transportation flexibility and diverse application, LPG plays a pivotal role in the transition towards a more secure, sustainable and competitive energy model. Liquefied Petroleum Gas (LPG) is a clean burning efficient fuel and a vital source of energy for hundreds of millions of people throughout… READ MORE

Seplat CEO calls for effective utilization of Nigeria’s gas resources

Seplat CEO calls for effective utilization of Nigeria’s gas resources

The Chief Executive Officer, Seplat Petroleum Development Company Plc, Mr Austin Avuru, in his keynote speech at the on-going annual conference and exhibition of the Nigerian Association of Petroleum Explorationists in Lagos noted that the country must effectively utilize its gas resources if it is to achieve sustainable economic growth. Avuru said, “With prices going… READ MORE