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President Tinubu mandates procurement of CNG-Powered vehicles by  MDAs
May 14, 2024DownstreamGasLocal ContentMidstreamNewsOil & GasUpstream

President Tinubu mandates procurement of CNG-Powered vehicles by  MDAs

… “We must lead the way to prosperity by example”- Tinubu to public officials   Oredola Adeola President Bola Tinubu has directed the mandatory procurement of Compressed Natural Gas (CNG)-powered vehicles by all Government Ministries, Departments, and Agencies (MDAs) as parts…

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11 Plc declares N26.56bn profits in FY 2023
May 13, 2024DownstreamMidstreamNewsOil & Gas

11 Plc declares N26.56bn profits in FY 2023

… announces N3bn dividend payout  “Our 250 filling stations shine as downstream industry benchmark for service, ethical standards” – Oyebanji, MD/CEO said Oredola Adeola 11 Plc (formerly Mobil Oil Nigeria Plc) has announced a profit after tax of N26.56 billion…

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NNPC Ltd. reiterates commitment to building massive oil, gas infrastructure to make sector thrive
May 9, 2024DownstreamFinanceMidstreamOil & GasUpstream

NNPC Ltd. reiterates commitment to building massive oil, gas infrastructure to make sector thrive

Oredola Adeola   The Nigerian National Petroleum Company Ltd (NNPC Ltd.) has assured operators and prospective investors of its commitment to continue investing in the development of huge oil and gas infrastructure to facilitate their business operations in Nigeria.  …

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NNPCL confirms fuel queues dissipating in Lagos, FCT other states
May 7, 2024DownstreamNewsOil & Gas

NNPCL confirms fuel queues dissipating in Lagos, FCT other states

… announces 1.5 bn litres of petrol stockpile to meet 30 days of supply … cautions motorists against panic buying   Oredola Oredola   As part of measure to thin out supply issues and queues across the country, the Nigerian…

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Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network
May 4, 2024DownstreamFinanceGasMidstreamNewsOil & GasUpstream

Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network

…to deliver 60 millons SCF of gas Daily by Q4 2025   Oredola Adeola   Shell Nigeria Gas (SNG) has signed an agreement with the Oyo State Government to construct and manage gas distribution infrastructure, encompassing 15km of pipeline routes,…

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Tinubu to commission AHL, ANOH gas processing plants, ANOH-OB3 CTMS pipeline project
May 3, 2024DownstreamGasMidstreamNews

Tinubu to commission AHL, ANOH gas processing plants, ANOH-OB3 CTMS pipeline project

  …foresees 500mmscf/d surge in domestic gas supply   Oredola Adeola President Bola Tinubu lined up the 200mmscf/d AHL gas processing plant 2 (GPP – 2), 300MMscf/d ANOH Gas Processing Plant (AGPC), and the ANOH-OB3 CTMS gas pipeline project being…

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Ogun CNG truck accident: FG to make regulations against trucking of gas
May 2, 2024DownstreamGasMidstreamNewsOil & Gas

Ogun CNG truck accident: FG to make regulations against trucking of gas

…demands gas companies invest in more pipelines to deliver gas to end users   Oredola Adeola   The Federal Government has revealed the plan to improve the reliability of gas delivery to reduce the logistical challenges associated with truck-based transportation,…

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NMDPRA, stakeholders review Midstream HCDTrust to curb pipeline vandalism
May 1, 2024DownstreamEnvironmentImpactMidstreamNewsOil & Gas

NMDPRA, stakeholders review Midstream HCDTrust to curb pipeline vandalism

… enhance co-existence between licensees, lessees, and host communities   … Authority reveals plans to upgrade Dangote Refinery pre-commissioning license to fully operational status   Oredola Adeola   The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has commenced the…

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NGA launches robust campaign targeting undergraduates, bolsters initiatives to tackle human capital issue amid Gas Decade
May 1, 2024DownstreamGasImpactMidstreamNewsOil & GasUpstream

NGA launches robust campaign targeting undergraduates, bolsters initiatives to tackle human capital issue amid Gas Decade

…inaugurates first student branch of NGA in UniPort   Oredola Adeola The Nigerian Gas Association (NGA) has embarked on an intensive lobbying effort focusing on undergraduates of Petroleum and Gas Engineering to drive the goal of sustainable gas utilisation and…

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Reps Committees assure fuel queues will vanish in 3 days, confirm availability of 1.5bn litres in NNPC storage facilities
May 1, 2024DownstreamNewsOil & Gas

Reps Committees assure fuel queues will vanish in 3 days, confirm availability of 1.5bn litres in NNPC storage facilities

  …  call on security forces to deal with middlemen taking advantage of supply disruption to maximize profit   Oredola Adeola   The House of Representatives Committee on Petroleum Resources, Downstream and its counterpart on Midstream have assured the public…

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