Lagos State Safety Commission (LSSC), with the Ministry of Energy and Mineral Resources, has organised training for gas operators. This followed incessant gas explosions and fire in Lagos and parts of the country, Director General of LSSC, Mr Lanre Mojola, said the training was organised to save lives and property. He said: “Appliances, utilities, houses, etc. can be replaced, one …

Executive Secretary/CEO of Nigeria Extractive Industries Transparency Initiative (NEITI), Ogbonnaya Orji, has said Nigeria lost over N16.25 trillion due to oil theft in the country. Orji in a report to the Chairman of House Committee on Public Accounts, Bamidele Salam, during an interactive session in Abuja, also claimed that $74.386 billion was spent on fuel subsidy by successive administrations since …

To fast-track the adoption of Compressed Natural Gas (CNG) in Nigeria, the federal government has inaugurated a Compressed Natural Gas (CNG) vehicles pilot conversion centre in Lagos State, through the Presidential CNG Initiative (P-CNGi). Chief executive officer of P-CNGi, Micheal Oluwagbemi, while speaking at the inauguration of the FEMADAC Station on Saturday,  described the step as a significant development. Oluwagbemi …

The Chief of the Naval Staff (CNS), Vice Admiral Emmanuel Ogalla has launched a High Endurance Offshore Patrol Vessels (HE OPVs) for the Nigerian Navy at the Dearsan Shipyard, Tuzla in Istanbul, Turkey. In a statement by the Director of Naval Information, Commodore Adedotun Ayo-Vaughan, on Sunday in Abuja, he said the vessel is one of two 76m HE OPV …

Minister of State for Petroleum and Oil sector, Senator Heineken Lokpobiri; and the Group Chief Executive Officer (GCEO) of NNPC Limited, Malam Mele Kyari at the weekend carried out an inspection tour of the Kaduna Refinery and Petrochemical Company (KRPC) to assess progress on the ongoing quick-fix project being undertaken by Daewoo Engineering Construction Nigeria Limited. They assured that everything was …

The Senate says it will invite the Nigerian National Petroleum Company Limited (NNPCL) over the lack of funds to explore and develop new frontier acreages. The Senate through its Chairman, Committee on Gas, Jarigbe Jarigbe, made this known on Friday while briefing journalists after a closed-door session with the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), …

The acting Inspector-General of Police, Olukayode Egbetokun has called for collaboration with oil producers to optimise security within the Nigerian oil and gas sector. Egbetokun made this call while receiving the Executive Secretary and Heads of Security of all oil companies in Nigeria under the umbrella of Oil Producers Trade Section on Friday, at the Force Headquarters in Abuja. The …

The Organisation of Petroleum Exporting Countries (OPEC) has projected the establishment of new modular refineries in Nigeria. In its World Oil Outlook, launched in Saudi Arabia, OPEC projected that the refineries would complement the Dangote refinery to lift crude oil sales in Africa. The report hyped the 650,000 bpd-capacity Dangote Refinery as one the major contributors to sales in Nigeria …

National Bureau of Statistics (NBS) has said that the average retail price of a litre of petrol increased from N191.65 in September 2022 to N626.21 in September 2023. In its Petrol Price Watch for September 2023 released in Abuja on Saturday, NBS said that the September 2023 price of N626.21 represented a 226.75 per cent increase over the price of …

The Nigerian National Petroleum Company Limited (NNPCL), on Friday, confirmed a fire outbreak at the Warri Refinery and Petrochemical Company Limited. It, however, stated that the fire was contained, adding that the incident would not affect the ongoing rehabilitation of the refinery. The national oil firm disclosed in a post on its official X (formerly Twitter) handle, captioned, ‘Minor fire …