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Category : oil-and-gas~offshore|oil-and-gas:Oil and Gas

Natural Gas: MDGIF invests viable projects to deepen consumption
General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

Natural Gas: MDGIF invests viable projects to deepen consumption

June 3, 2025

The Midstream and Downstream Gas Infrastructure Fund (MDGIF) says it will continue to prudently invest in economically valuable and viable projects that seek to increase domestic consumption of natural gas in Nigeria. The Executive Director, MDGIF, Mr Oluwole Adama, said this on Thursday at the commissioning of the MDGIF/FEMADEC Integrated CNG Refuelling Infrastructure at Yakubu […]Read More

PETROAN COUNSELS FOR ESTABLISHMENT OF TIMELINES TO COMPLETE ALL REFINERIES
offshore Oil and Gas oil-and-gas~offshore|oil-and-gas:Oil and Gas

PETROAN COUNSELS FOR ESTABLISHMENT OF TIMELINES TO COMPLETE ALL REFINERIES

May 22, 2025

May 19, 2025 The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) is compelled to express deep concern over the persistent delays in the completion of the ongoing rehabilitation of the 210,000 barrels per day Port Harcourt Refinery, Warri Refinery, and Kaduna Refinery. Despite numerous assurances from the Nigerian National Petroleum Corporation (NNPC) and […]Read More

How growth in the downstream sector could be boosted in 2025 – 11Plc MD, Oyebanji
oil-and-gas:Oil and Gas oil-and-gas~offshore|oil-and-gas:Oil and Gas

How growth in the downstream sector could be boosted in

May 18, 2025

The Managing Director/CEO of 11PLC, Tunji Oyebanji, has outlined two critical areas presenting opportunities for growth and development in Nigeria’s oil and gas sector if properly administered in 2025 and beyond. Oyebanji, speaking to shareholders at the company’s 47th Annual General Meeting held at the Abuja Continental Hotel, FCT, Abuja  highlighted the enormous growth trajectory […]Read More

oil-and-gas~offshore|oil-and-gas:Oil and Gas

P-CNGi, LNG Arete sign pact for $27.3m gas plant project

April 7, 2025

The Presidential Compressed Natural Gas Initiative (P-CNGi) and LNG Arete Ltd. on Friday signed a Memorandum of Understanding (MoU) on $27.3 million gas plant project to boost CNG infrastructure investment, expansion and availability. The Programme Director/Chief Executive Officer, P-CNGi, Mr Michael Oluwagbemi, said the partnership aimed at constructing a Liquefied Natural Gas (LNG) plant with […]Read More

Nigeria Pushes for $10 Billion Investment with New Gas Policy Framework
energy offshore Oil and Gas oil-and-gas:Oil and Gas oil-and-gas~offshore|oil-and-gas:Oil and Gas

Nigeria Pushes for $10 Billion Investment with New Gas Policy

October 4, 2024

Nigeria is advancing with a new policy framework aimed at revitalising its natural gas sector, seeking to attract up to $10 billion in investment. The proposed measures offer tax incentives to entice both local and international investors to tap into the country’s deep-water gas reserves. The framework, already approved by the Federal Executive Council, is […]Read More

Subsidy Removal Reduces Nigeria’s Petrol Consumption to 30M/Litres, Says Tinubu
energy Oil and Gas oil-and-gas~offshore|oil-and-gas:Oil and Gas

Subsidy Removal Reduces Nigeria’s Petrol Consumption to 30M/Litres, Says Tinubu

September 21, 2024

President Bola Tinubu has announced that the elimination of the fuel subsidy has significantly cut Nigeria’s daily petrol consumption, reducing it from several million litres to approximately 30 million litres. Speaking on Thursday during a meeting with former lawmakers at the State House in Abuja, President Tinubu highlighted that the subsidy’s removal has given the […]Read More

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