The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday. Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an inaugural US-Nigeria Strategic Energy Dialogue, hosted by the US State Department in Washington, DC. The […]Read More

The Presidential Compressed Natural Gas Initiative (PCNGI), a project aimed at increasing the use of gas to power automobiles in Nigeria, has inked separate agreements with 75 conversion enterprises around the country as part of the government’s strategy to reduce dependence on petrol and diesel. With agreements now in place in eight states and plans […]Read More

The Nigerian National Petroleum Company (NNPC) has disclosed the projected petrol prices sourced from the Dangote refinery for its retail outlets in Lagos and other states nationwide. According to a statement issued by the company’s Chief Corporate Communications Officer, Olufemi Soneye, NNPC is purchasing petrol in US dollars from the Dangote refinery for September. However, […]Read More