Propane production consistently exceeding 2 million bpd
Throughout the summer, we monitor inventory builds very carefully and provide data and analysis in our daily reports. By this time of year, we usually start monitoring heating degree-days and only report on the inventory data when the Weekly Petroleum...
Green Car Reports Best Car To Buy 2019: Tesla Model 3
The Tesla Model 3 is Green Car Reports’ Best Car To Buy 2019. It’s the second time a Tesla product has won our annual award, which was captured by the Tesla Model S in 2013. Many have called the Model 3 Tesla’s “iPhone moment.”...
Reps give oil firms two weeks ultimatum to remit $250 million to Nigerian govt
The House of Representatives Committee on Oil and Gas on Thursday gave 10 indigenous oil companies in the country two weeks to remit 250 million dollars oil royalty to federal government’s coffers. Jerigbe Agom, the chairman of the committee, gave...
‘Nigeria LPG market needs discipline, maturity to attract investors’
The Liquefied Petroleum Gas (LPG) market in Nigeria, which experts say is about a $10billion market waiting to be harnessed, is said to require more discipline and maturity to be actualized. Speaking recently in Lagos, during the seventh Annual Nigeria...
How to deepen LPG distribution, usage, by NLNG
The nigeria Liquified Natural Gas (NLNG) has identified railway as a viable option to achieve deeper distribution of Liquified Petroleum Gas (LPG) and boost its local consumption. Specifically, it says Port Harcourt offers such opportunity for the expansion of the...
NNPC takes crude oil search to Benue
After it commenced the search for crude oil at the Nasarawa State end of the Benue Trough last week, the Nigerian National Petroleum Corporation on Thursday announced that it had started mobilising for oil exploration in the Benue State area...
Nigeria Earns N362.43bn From Crude Oil Export in June
Nigeria’s crude oil earning increased from the N253.02billion in June, to N362.43billion in July, according to the National Bureau of Statistics (NBS). This comes as stakeholders in the oil and gas industry have underscored the drawbacks of the Petroleum Industry...