NNPC backs anti-gas flaring bill, receives awards

The Nigerian National Petroleum Corporation (NNPC) has said that it has put in place measures and facilities to curb gas flaring preparatory to the 2020 flare out deadline by the Department of Petroleum Resources (DPR).  
NNPC Group Managing Director, Dr. Maikanti Baru, who was represented by the Managing Director of the Nigerian Petroleum Development Company (NPDC), Mr. Yusuf Matashi, made this submission during a one-day public hearing on Gas Flaring Prohibition Bill 2017, at the National Assembly in Abuja.

The path to achieving energy security In Nigeria- Saraki

Senate President, Dr. Abubakar Bukola Saraki, on Friday, listed steps that need to be taken to achieve energy security in the country that would lead to safe environment and uplift the social economic wellbeing of the people.
Saraki gave the recommendations in his speech at a one day workshop on the State of Energy Security in Nigeria, organized by the Konrad Adenauer Stiftung (KAS) climate policy and energy security programme for sub-Saharan Africa in Lagos.

NNPC to build power plant in Bayelsa

As part of concerted efforts to resolve the nation’s electric power challenge, the Nigerian National Petroleum Corporation (NNPC) and the Bayelsa State Government are to build a power plant in the state.
The Group Managing Director of the Corporation, Dr. Maikanti Baru, made this known on Thursday while receiving the State Governor, Rt. Hon. Henry Seriake Dickson at the NNPC Towers in Abuja.

Gas Flaring: Senate to enact Bill to end $2.5bn annual loss

Senate has disclosed that the continued gas flaring in Nigeria is costing the country over $2.5billion annually as well as contributing to air pollution, heat, rainforest damage and climate change.
The senate however further disclosed that the Gas Flaring Prohibition Bill 2017 it is set to enact will serve as a legislative panacea to end gas flaring.

Litigation awaits owners of abandoned wrecks

The reported wrecks removal initiative by the Nigerian Maritime Administration and Safety Agency (NIMASA) has received wide commendations from industry player and Stakeholder in the maritime sector, Dr. Chris Asoluka.

Nigeria curtails gas supply to West Africa

The West African gas pipeline has yet to recover from the impact of militant attacks on oil and gas facilities in the Niger Delta as gas flowing into it have been significantly curtailed.
The $1bn gas pipeline, operated by the West Africa Pipeline Company Limited, was built to supply natural gas from Nigeria to customers in Benin, Togo and Ghana.
Last year, Nigeria saw a resurgence of militant attacks in the Niger Delta that caused the nation’s production to plummet to a near 30-year low and disrupted gas supply to power plants.

Senate holds public hearing on gas flaring bill

As part of efforts to get the views and inputs of major stakeholders, international oil companies, IOCs, national oil companies, independent producers, marginal field operators, government agencies and other regulators in the oil and gas sector on the gas flaring prohibition and punishment Bill, the Senate is holding a public hearing.
Chairman, Senate Committee on Gas Resources and the sponsor of the bill, Senator Bassey Akpan, who disclosed this in Abuja, Friday, said when passed into law, the bill would help revolutionise the oil and gas sector.

New fuel specification impedes takeoff of Nigeria's DSDP model

The contentious subject of an announced gasoline fuel specification change in Nigeria is holding up the country's much-delayed direct sale of crude oil and direct purchase of products program (DSDP) for 2017, trading sources said Wednesday.
Nigeria currently imports gasoline with a sulfur content of up to 1,000 ppm, although there are expectations that this will change to either 500 ppm or 150 ppm as the country seeks to shift toward cleaner fuels.

Total deploys solar energy solutions in retail stations

Total Nigeria Plc has reiterated its commitment to providing better energy with the deployment of solar hybrid solutions in strategic service stations across Nigeria.
The company said it has also gone beyond the introduction of the first solar service station it rolled out in West Africa in 2013.
According to a statement, the company said it is meeting the energy needs of Nigerian homes through its solar home solutions designed to combat unstable power supply and provide constant electricity.

Shipping will advance Nigeria's economic interest- Dakuku

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that for Nigeria to successfully diversify its economy there is need to advance the nation’s maritime interest, being a sector capable of taking over from oil as the country’s leading revenue earner in the nearest future.


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