Gas-flaring
13 Dec
In business strategy, competitive advantage is a commercial entity’s capacity to outperform rivals within its industry segment, by consistently delivering superior offerings, products, and return on investments to shareholders. This implies, the ability to innovate, exploit first mover advantages in research and development including Artificial Intelligence; optimise value chains; gain market share; whilst ensuring the…
16 Oct
Announcement by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recently that 42 indigenous oil and gas companies have emerged as winners of 49 flare sites in the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP) bid process is heartwarming. It comes after approximately seven years of developing the NGFCP, the first of its kind in the…
13 Jul 2023
Concerned by the devastating effects of gas flaring, environmental degradation and other effects of oil exploration in the Niger Delta, some Civil Society Organisations (CSOs) and environmental activists have demanded immediate action by the government and multinationals to curb climate change.
11 Jul 2023
Nigerian National Petroleum Company Limited (NNPCL), Shell, ExxonMobil, Chevron, Total and other oil companies operating in the country flared about $3.9 billion (about N3 trillion) worth of gas in the last four years...
11 Jul 2023
Most literate Nigerians have heard or read about gas flaring but it may not mean much to them. Some of them may know that gas flaring is done in the oil producing states of the country but they may not know what it means to Nigeria or Nigerians who live in those areas.
9 Jun 2023
Multinational oil and gas companies operating in Nigeria flared over 92 million standard cubic feet of gas, worth an estimated N150.8 billion, between January and April 2023.
20 Apr 2023
Total Energies E&P Nigeria and Shell, yesterday, pledged to end routine gas flaring as industry operators insisted development of the gas sector in Nigeria might remain elusive if prevailing challenges are not tackled.
14 Apr 2023
Pitted against current report in which Nigeria is expected to reap N22 billion from fines on oil companies that have failed to stop gas flaring, the news that the nation is instrumental to global reduction in gas flaring offers little cheer.