• April 25, 2025
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Category : oil-and-gas~offshore|oil-and-gas:Oil and Gas

oil-and-gas~offshore|oil-and-gas:Oil and Gas

P-CNGi, LNG Arete sign pact for $27.3m gas plant project

April 7, 2025

The Presidential Compressed Natural Gas Initiative (P-CNGi) and LNG Arete Ltd. on Friday signed a Memorandum of Understanding (MoU) on $27.3 million gas plant project to boost CNG infrastructure investment, expansion and availability. The Programme Director/Chief Executive Officer, P-CNGi, Mr Michael Oluwagbemi, said the partnership aimed at constructing a Liquefied Natural Gas (LNG) plant with […]Read More

Nigeria Pushes for $10 Billion Investment with New Gas Policy Framework
energy offshore Oil and Gas oil-and-gas:Oil and Gas oil-and-gas~offshore|oil-and-gas:Oil and Gas

Nigeria Pushes for $10 Billion Investment with New Gas Policy

October 4, 2024

Nigeria is advancing with a new policy framework aimed at revitalising its natural gas sector, seeking to attract up to $10 billion in investment. The proposed measures offer tax incentives to entice both local and international investors to tap into the country’s deep-water gas reserves. The framework, already approved by the Federal Executive Council, is […]Read More

Subsidy Removal Reduces Nigeria’s Petrol Consumption to 30M/Litres, Says Tinubu
energy Oil and Gas oil-and-gas~offshore|oil-and-gas:Oil and Gas

Subsidy Removal Reduces Nigeria’s Petrol Consumption to 30M/Litres, Says Tinubu

September 21, 2024

President Bola Tinubu has announced that the elimination of the fuel subsidy has significantly cut Nigeria’s daily petrol consumption, reducing it from several million litres to approximately 30 million litres. Speaking on Thursday during a meeting with former lawmakers at the State House in Abuja, President Tinubu highlighted that the subsidy’s removal has given the […]Read More

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