LNG
14 Mar
While reaffirming commitment to bolster the nation’s gas supply, the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has reassured a sustained increase in gas production and distribution.
10 Dec
In its efforts to further boost natural gas utilisation in the country and enhance Nigeria’s gas revenue, NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market. During two separate signing ceremonies held on the sidelines of the on-going United Nation’s Climate Change Conference (also…
25 Oct
The African upstream oil and gas sector is currently undergoing an $800 billion capital expenditure (capex), as reported by Wood Mackenzie. The organisation is projecting liquefied natural gas (LNG) as a significant investment theme alongside traditional deepwater oil exploration.
2 Jul 2023
This may not be the best of time for Nigeria’s hydrocarbon sector, as its natural gas production declined to 40.4 billion cubic meters (bcm) in 2022. The June 2023 Statistical Review of World Energy Report revealed that the nation’s Liquefied Natural Gas...
1 May 2023
Nigeria stands to earn $176 million, if it can explore embargo on Russian gas to supply 10.7 per cent of the total Liquified Natural Gas (LNG) supplies to Europe (512 billion cubic feet) to bridge its cash crunch challenge.
Latest
17 mins ago
The body of a fourth construction worker who died after a bridge collapsed when it was struck by a container ship in the US city of Baltimore last month has been recovered, officials said Monday. The Francis Scott Key Bridge, a major transit route into the busy city and port of Baltimore, collapsed on March…
18 mins ago
The UK parliament will on Tuesday kick off its first debate on Prime Minister Rishi Sunak's planned legislation to prevent young people from ever smoking, despite opposition from many in his own Conservative Party. The law would ban the selling of tobacco products to anyone born after January 1, 2009 –- effectively raising the smoking…
20 mins ago
The UK government announced Tuesday that it will legislate to criminalise the creation of sexually-explicit "deepfake" images. Anyone found guilty of creating fake sexual images of people without their consent will face a criminal record, an unlimited fine and even jail if the image is widely shared, according to the government. "It is another example…
21 mins ago
Chinedu Achebe, the acclaimed Nigerian American author, is set to release his highly anticipated third book, “When It All Falls Down”.
28 mins ago
The Edo State government has demolished security posts around impeached former deputy governor, Philip Shaibu’s house. It was gathered that a bulldozer had come to demolish the security canopy opposite Shaibu’s residence along Aideyan Street, G.R.A, Benin, the Edo State at about 5: 00 pm on Sunday. Commissioner for communication and orientation in Edo State,…
29 mins ago
Israel launched a "diplomatic offensive" against Iran on Tuesday, calling on 32 countries to impose sanctions against the Revolutionary Guards and their missile programme. Late on Saturday, Iran carried out an unprecedented direct attack on Israel, using more than 300 drones, cruise missiles and ballistic missiles, in retaliation for a deadly April 1 air strike…
30 mins ago
Afrobeats sensation Tems has announced her highly anticipated studio album, “Born In The Wild,” scheduled for release in May 2024. She made the exciting announcement during her performance at Coachella on Sunday, where she took the stage at the Mojave tent. An official teaser video from the new album has also been posted to all…
1 hour ago
President Bola Tinubu has declared April 7 as National Police Day. Tinubu, represented by Vice President Kashim Shettima, made this known on Monday night during the maiden edition of the Nigeria Police Awards and Commendations ceremony held in the Transcorp Hilton, Abuja. He identified a complete overhaul of the institutional mentality and memory of police…
1 hour ago
Two members of a notorious criminal gang were arrested by Indian police on Tuesday for firing at the home of Bollywood actor Salman Khan in retaliation for the superstar's killing of two antelopes. The Bishnoi gang, accused of several murders and extortion rackets, hails from a wider desert-based religious sect that considers the species to…
2 hours ago
British unemployment has risen as wage growth has eased, official data showed Tuesday, leaving the door open for an interest rate cut, according to analysts. The UK unemployment rate rose to 4.2 percent in the three months to the end of February, up from 3.9 percent in the three months to January, the Office for…