FG in talks with IFC for gas pipeline funding

The federal government has opened discussion with the International Finance Corporation (IFC) for the funding of a national gas-pipeline network to supply power stations...

Again, NNPC calls for concerted fight against pipeline vandalism

The Nigerian National Petroleum Corporation (NNPC) Wednesday said incessant vandalism of its network of petroleum pipelines across the country was costing it several billions...

FG moves to regain lost oil, gas production

Nigeria’s dwindling crude oil production is expected to rise significantly in 2014 when many large fields would have come on stream, according to a...

OPEC seeks hydrocarbon production for electricity generation

Oil producing nations have been tasked to explore and produce more hydrocarbons for electricity generation. The Secretary General of the Organisation of Petroleum Exporting Countries,...

Inadequate gas supply: ALSCON suffers $60m loss

The Aluminium Smelter Company of Nigeria said it had lost about $60m due to inadequate gas supply to its facility at Ikot Abasi, Akwa...

OPEC set to increase oil shipments

The Organisation of Petroleum Exporting Countries, OPEC, is set to increase the export of crude oil to the global market as a result of...

How GENCOs can improve power, by experts

Well-located plants, constructed pipelines, a reasonable price regime, and additional investment in gas sector will help the four power generation companies to improve electricity...

Gas distribution firms, Gencos in talks

Following the privatisation of the power sector, natural gas distribution companies are discussing with power equipment manufacturers for the manufacture of small power generating plants...

Shell resumes gas supply to Bonny Terminal

LNG player Shell has resumed gas deliveries to the Bonny terminal in Nigeria, nine days after declaring force majeure on September 23. “Their gas supply...

Nigeria must stop gas flaring —UN, others

The Chairman, United Nations Sustainable Energy for All, Dr. Kandeh Yumkella, and other experts have called on the Federal Government to end gas flaring...

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