Gas
Violent protests rock Niger over contested election result
Supporters of the losing candidate in Niger’s presidential election burnt tyres, threw rocks and set several buildings on fire on Thursday, in a third day of violent protests in the capital Niamey.
Minister: Passage of PIB’ll unlock several midstream gas opportunities
Chief Timipre Sylva, Minister of State for Petroleum Resources, says the passage of the Petroleum Industry Bill (PIB) will unlock several midstream gas opportunities and enhance domestic gas utilisation.
OPL 310: Optimum’s default clause termination letter invalid – Lekoil
An oil and gas E&P company with a focus on Nigeria and West Africa, Lekoil, yesterday maintained that a letter written by Optimum Petroleum Development Company, operator of the Oil Prospecting Licence (OPL) 310, proposing to terminate the Cost and Revenue Sharing Agreement (CRSA) executed for the facility, remains invalid.
Fitch revises Nigeria’s 2021 GDP forecast to 1.6%
It pointed out that rising oil exports would be the main growth driver for the country in 2021, while consumer spending and business investment were likely to be subdued because of persistently high inflation and the slow rollout of a Covid-19 vaccine.
Niger opposition leader alleges election fraud, declares victory
Niger opposition leader Mahamane Ousmane has claimed that he narrowly won the country's presidential election, as fresh violence erupted a day after official results gave victory to his rival by a wide margin.
NCC highlights role of telecoms in Nigeria’s exit from recession
The Nigerian Communications Commission (NCC) has highlighted the role played by the telecommunications sector in lifting the country out of recession in the recently released fourth quarter Gross Domestic Product (GDP) figures for the fourth quarter of 2020.
House of Reps grills NNPC, contractors, summon BPP over $2.6 billion AKK pipeline project
House of Representatives has begun investigation of the alleged breach of Nigeria’s laws on local content in the execution of the Federal Government project to construct a gas pipeline from Ajaokuta to Kano.
House of Reps probes AKK gas pipeline contract over local content act ‘violation’
The House of Representatives Committee on Nigerian Content Development and Monitoring yesterday met with the management of the Nigerian National Petroleum Corporation, Brentex/CPP Consortium and Bablink Resources Ltd over alleged breach of Local Content Act.
DPR, aviation firm partner to de-risk oil, gas operations
The Department of Petroleum Resources on Monday inaugurated an initiative aimed at tackling accidents associated with oil and gas operations through the use of helicopters to ensure the safety of lives.
Minister: Nigerian government will make gas alternative energy for industries, transportation
The federal government yesterday inaugurated the National Gas Expansion Programme (NGEP) in the Southwest Nigeria as part of its efforts to make gas an alternative energy for industrial, transportation and domestic uses.
DPR flags off search, rescue, command centre in Lagos
The Department of Petroleum Resources (DPR) on Monday flagged off the Oil and Gas Search, Rescue and Surveillance (SeRAS) Command and Control Centre in Lagos.
NDPHC to export 70MW of electricity to Togo
The management of the Niger Delta Power Holding Company, NDPHC, has disclosed that the company has entered a bilateral agreement with the Republic of Togo to supply the country with 70 Megawatt, MW, of electricity under the Power Purchase Agreement, PPA.
IPMAN: Petrol price may rise to N195 per litre
Members of the Independent Petroleum Marketers Association of Nigeria, IPMAN, have advised Nigerians to expect a higher petrol pump price in the coming days, saying the price may rise to N195 per litre.
DPR urges businessmen invest in oil and gas, instead of indulging in illegal refineries
The Department of Petroleum Resources (DPR) has called on businessmen to invest in the oil and gas industry, instead of indulging in illegal refineries.
Insecurity: Kaduna governor demands establishment of state police
The Kaduna State Governor, Nasir El-Rufai, has lent his voice with national analysts calling for the devolution of power between the Federal Government and 36 states in the country.
Gabon residents protest at coronavirus restrictions
Residents of Gabon’s two major cities took to the streets banging pots and pans for second night on Thursday, in defiance of coronavirus curfew measures, to protest against government restrictions aimed at curbing the spread of COVID-19.
NEXIM Bank: N68 billion export fund disbursed to 68 beneficiaries
The Nigerian Export Import Bank (NEXIM) says it has disbursed N68.01 billion to 68 Nigerian entrepreneurs in the the last three years under its Export Development Fund.
Senate move to stop casualisation of Nigerian graduates
Mr. Akinyelure said the issue of employing graduates as casual workers raised a concern, as “more workers continue to groan under this immoral strategy of cutting costs by employers rendering them inferior to their counterparts in other countries of the world.”
CISLAC hails President Buhari over appointment of new NEITI boss
The Civil Society Legislative Advocacy Center, CISLAC, Thursday, hailed President Muhammadu Buhari over the appointment of Dr Orji Ogbonnaya Orji as Executive Secretary of Nigeria Extractive Industries Transparency Initiative, NEITI.
FEC approves multi-billion naira roads construction contracts
In keeping with its infrastructural development mantra especially in the road sector, the Federal Government has approved a multi-billion naira roads construction projects across the country especially the completion of Benin-Ore-Adebamdele-Shagamu Road at the cost of N92.5 billion.
Texas’ natural gas production froze under pressure
Natural gas wells and pipes ill-equipped for cold weather are a big reason why millions of Texans lost power during frigid temperatures this week. As temperatures dropped to record lows across some parts of the state, liquid inside wells, pipes, and valves froze solid.
NAICOM: Local insurers losing out on big ticket transactions
The National Insurance Commission, NAICOM, has lamented the declining participation of local insurers in big ticket businesses such as aviation, annuity as well as oil and gas risks underwriting.
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NCDC activates Ondo state public health laboratory to its network
The Nigeria Centre for Disease Control (NCDC) says it has activated the inclusion of the Ondo State Public Health Laboratory to its Molecular Laboratory Network in the country.
Fraud: Court disqualifies lawyer as defence witness
The trial-within-trial of a suspected serial fraudster, Scales Ishola Olatunji was cut short on Thursday following a ruling by Justice Agatha Okeke of the Federal High Court sitting in Uyo, Akwa Ibom State which disqualified one Peter Mba from giving his testimony as a defence witness in the matter.
Senator Kalu urges Nigerian government to set up joint security committee
Senate Chief Whip, Orji Kalu, has called on federal government to set up a joint committee of representatives of all security forces to help existing commands to fast-track the release of the abducted students in Niger.
Customs seizes tramadol, used clothing, others worth N223 million in Lagos
The Customs Area Controller, Apapa Command, on Thursday disclosed the seizure of tramadol, used clothing and others with a Duty Paid Value of N223m.
Minister: Third Mainland Bridge will be totally reopened ‘this weekend’
Minister of Works and Housing, Mr Babatunde Fashola, said on Thursday that the Third Mainland Bridge in Lagos undergoing repairs, would be totally reopened to traffic ‘’this weekend’’.
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Barcelona target Sergio Aguero ready to quit Manchester City
Future of Argentine striker, Sergio Aguero, is in doubt as his iconic spell with Manchester City is expected to come to an end when his contract runs out in June.
DPR, aviation firm partner to de-risk oil, gas operations
The Department of Petroleum Resources on Monday inaugurated an initiative aimed at tackling accidents associated with oil and gas operations through the use of helicopters to ensure the safety of lives.
Conservationists makes case for preservation of pangolins
The Nigerian Conservation Foundation (NCF), Lagos Urban Forest Animal Sanctuary Initiative (LUFASI) and Saint Marks Animal Rescue Foundation (SMARF) have stressed the need to protect, preserve mammals like pangolins from extinction.
Victor Osimhen likens his unconscious 30 minutes to a brain reset
Osimhen was discharged to return to Naples on Monday after spending the night under observation at a hospital in Bergamo following an alarming collapse towards the end of the club’s 4-2 Serie A defeat by Atalanta on Sunday.
Senator Anyanwu: Southeast turning into battleground
Senator Samuel Anyanwu who represented Imo East senatorial district, yesterday said that the Southeast zone has been gradually turned into a battleground.