The Federal Government on Tuesday restated its commitment to ending gas flaring in 2030. The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),...
If President Bola Ahmed Tinubu led Federal Government is desirous of ending gas flaring in the country, then, the administration should consider as urgent, taking both...
A recent report has shown that the Federal Government has lost an estimated $16tn to natural gas flaring in 10 years. The report by the Energy...
Residents of the communities in the Oguta Local Government Area of Imo state have cried out over the hazards being faced with the continous gas flaring...
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr Orji Ogbonnaya, on Monday said that Nigeria requires $20 billion annually to achieve the...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced it has pre-qualified 139 firms that will be permitted to commercialize flared gas. The firms selected were...
The National Oil Spill Detection and Response Agency (NOSDRA) has revealed that in 10 years Nigeria flared natural gas worth over $13.3bn (N4 trillion). The figure...
Gas flaring in Nigeria’s oil fields has taken a huge toll on the economy, and also the livelihoods of Nigerians. Data has revealed that oil and...
The federal government, on Sunday said gas flaring in oil communities have been reduced by 92 percent, and those complaining are only exaggerating. The Minister of...
In the last nine years, Nigeria has lost at least N2.4 trillion due to poor gas flaring practice of international oil companies and local stakeholders. This...
The World Bank Wednesday listed Nigeria and six other countries as leaders in gas flaring in the world The World Bank in its gas flaring satellite...
The Minister of State for Petroleum Resources, Timipre Sylva, said on Monday Nigeria was on course to end gas flaring by 2025. The minister stated this...
The Nigerian Petroleum Development Corporation (NPDC), the main subsidiary of the Nigerian National Petroleum Corporation (NNPC) on Monday said it had begun operations at its Integrated...
Gas flaring activities among oil and gas firms cost Nigeria N521.9 billion (around $1.7 billion) in 2019, the latest statistics by the National Oil Spill Detection...
Dangote Industries Limited on Sunday promised that its ongoing subsea gas pipeline project would on completion, cut the amount of flared gas in the country considerably...
Revenue estimated at N127.53 billion was lost to flared gas by the Nigerian Government in the 11 months to November 2019. In quantity terms, this value...
In a move to conserve Nigeria’s ample natural gas resources, the Federal Government on Monday announced it had pruned the number of 800 investors, interested in...
The Nigerian government on Wednesday approved the conversion of natural gas to methanol to address the nation’s environmental challenges. The Minister of Science and Technology, Dr....
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru has said that Nigeria flared 783 million standard cubic feet of gas...
Nigeria literally threw N197 billion into the flames in the first nine months of 2018, representing the value of gas flared during the period. According to...
Delta State governor, Ifeanyi Okowa has said that oil companies appear more comfortable paying fines for gas flaring than taking steps to end it. The governor,...
The Federal Government has increased the gas flare penalty from N10 per thousand standard cubic feet (SCF) of gas to $2 or N612.8 per thousand SCF...
By Sunday Orji… “…Before the end of the third day, all the animals that took the water died“. The flares at Obrikom in Ogba/Egbema/Ndoni Local Government...
Although it is in dire need of gas to boost its electricity supply, Nigeria has continued to flare gas worth $850 million yearly, and this is...
Nigeria loses an estimated $1billion (about N305 billion) in revenue every year due to the falsification of gas flare data, the Minister of State for Petroleum...
The Bayelsa State Government has lamented that the state experienced over 1000 oil spills in 2014 alone. The state government also expressed concern over the menace...
At least $376.5bn was lost as a result of militants’ attacks on gas facilities in Nigeria between June and September 2016. This resulted from a 45 per cent drop in production of the Joint Venture assets and the Nigerian Petroleum Development Company (NNPC) within the period. The NNPC latest monthly...
The inability of Nigeria to put a total stop to gas flaring has seen the country losing an average of $692.66 million annually from flaring an average of 224. 22 billion standard cubic feet (SCF) of the product. For an economy in recession, this...
Nigeria is on the verge of losing about $25.5 million of its direct foreign investment (DFI) as soon as the ongoing amendment of the Nigeria Liquefied...
Gas flaring in the country has been reduced by about 45% from 65% to its current 20%, the Nigeria Liquefied Natural Gas, NLNG, has said, adding...
The Nigerian NLG Limited, NLNG, on Tuesday disclosed that it has generated some $90 billion from gas flared since 1999 when it commenced operation. Its Managing...
