Oil&Gas - Page 95

Major Oil Marketers Association of Nigeria,MOMAN,says its members will not increase pump price of fuel,despite pressure on price by demand and costs in its immediate operating environment. The marketers also said

By Tunde Sholanke Energy Consumers Rights Association (ECORA) has described the current fuel scarcity in some parts of the country as an act of sabotage designed to frustrate the efforts of Nigerian

The federal government has assured investors that the 2022/2023 auction of oil blocs in the country will be fair, transparent, and competitive in line with best practices. Chief Executive Officer of Nigerian

The Managing Director of Centre for the Promotion of Private Enterprise, CPPE,Dr.Muda Yussuf,has said Nigeria’s discontinuation of petroleum subsidy will earn the country $6trillion revenue annually. Yussuf,in a statement made available to

The Managing Director of Centre for the Promotion of Private Enterprise ,CPPE,Dr.Muda Yussuf,has advised the federal government against imposing tax on gas companies in Nigeria. He said the 50% tax introduced is

Nigeria’s mini-bid round will boost global energy sufficiency in the long run,the federal government has said. This year’s mini bid rounds,which is the first in the last 15 years,is expected to auction

By Tunde Sholanke Nigeria Liquefied Natural Gas Limited,has confirmed that operations at its plant on Bonny Island is still active despite a Force Majeure declared recently and feedgas supply hitches Andy

Advances in modular and customizable robots is expected to result in growing deployment of robotics in the oil and gas industry, says GlobalData, a leading data and analytics company. GlobalData’s thematic report,

The Investments in low-carbon projects will increase by $60 billion this year, Rystad report has said. The investment is 10 per cent higher than in 2022, led by wind developments and helped

The Nigeria Employers’ Consultative Association has lamented that the country has been losing about $2.5bn monthly on account of its failure to meet the 1.8m barrel per day crude oil production