Tag: gas
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NMDPRA establishes new pricing template for gas
A new Domestic Base Price (DBP) framework and applicable gas wholesale price for the strategic domestic sector has been released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The Chief Executive Officer (CEO), NMDPRA, Engr Farouk Ahmed, who disclosed this in Abuja at the weekend, explained that the new framework is in fulfilment…
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Biden taps into U.S. strategic petroleum reserve to lower cost of gas
Biden taps into U.S. strategic petroleum reserve to lower cost of gas
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Buhari promises to intervene on gas price hike
The Minister of State for Petroleum, Timipre Sylva, has said that President Muhammadu Buhari is aware and concerned about the hike in the price of gas and is promising action to ameliorate the situation. He said this while addressing State House correspondents after a meeting with the President in his office where he presented CEOs…
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Why we don’t want Nigerians to own gas cylinders anymore – VP Osinbajo
Why we don’t want Nigerians to own gas cylinders anymore – VP Osinbajo
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Rising Gas Prices, Crisis in the making – Dakuku Peterside
Nigerians are facing hydra-headed challenges on all fronts: debilitating insecurity, extreme poverty, hyperinflation, high cost of food and essential
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The future of gas is already here – Alex Otti
By ALEX OTTI, Email: alexottiofr@.gmail.com “The future is faster than you think” Peter Diamandis Barely four weeks ago, we began discussing the growing impact of renewable energy and how it could affect the future of gas utilisation. This topic generated so much interest that our last column was yielded to no less a person than…
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77 oil, gas companies owe Nigerian government N2.7 trillion
About 77 oil and gas companies in Nigeria are indebted to the Federal Government to the tune of N2.659 trillion, the Nigeria Extractive Industries Transparency Initiative (NEITI), has said. The debt arises from the failure to remit petroleum profit tax, company income tax, education tax, value added tax, withholding tax, royalty and concession on rentals,…
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Can renewables change the future of Gas? – Alex Otti
“So the conservative who resists change is as valuable as the radical who proposes it — perhaps as much more as the roots are more vital than grafts. It is good
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Attacks on oil, gas facilities drop from 623 to 94 in seven years – Minister
The Minister of State for Petroleum, Mr Timipreye Sylva, on Monday declared that attacks on oil and gas facilities across the country had reduced significantly since 2014. The minister made the declaration at a Town Hall meeting on Protecting Oil and Gas Infrastructure in Abuja, on Monday. Sylva, who was represented by Mr Mele Kyari,…