Business

Nigeria’s gas flaring hits 222.8bscf in H1, NOSDRA reports

Ihesiulo Grace 4 August 2020 0

As the Federal government makes effort to utilise gas and curb gas flaring, a recent report by the National Oil Spill Detection and Response Agency (NOSDRA) shows that oil and gas companies operating in the country flared 222.8 billion standard cubic feet (bscf) of gas from January to June

Business Featured

How NNPC lost N127.53bn to gas flaring in 11 months

Ihesiulo Grace 27 February 2020 0

The Nigerian National Petroleum Corporation (NNPC) has disclosed that, the corporation lost a whopping sum of N127.53billion to gas flaring in 11 months.  The corporation revealed that oil and gas firms operating in the country flared a total of 225.81 billion standard cubic feet of natural gas between January and November 2019. Data released shown […]

Business News

Total E&P Nigeria targets zero flaring, increased monetisation in gas subsector

Ihesiulo Grace 21 November 2019 0

One of Nigeria’s leading firm in the oil and gas sector, Total E&P Nigeria has pledged to sustain 100% gas flare out on all its operation in the country in a bid to lend support to the community on global warming. The firm also revealed plans to ensure that all gas is monetised and utilised […]

News

FEC approves conversion of natural gas to methanol

Ihesiulo Grace 23 October 2019 0

Abuja – The Federal Executive Council(FEC) has approved the conversion of natural gas to methanol in order to address the environmental challenge caused by gas flaring in the country. The Minister of Science and Technology, Dr Ogbonnaya Onu, briefed State House correspondents after the Federal Executive Council (FEC) meeting presided over by Vice President Yemi […]

News

Nigeria govt lacks political will to control gas flaring, loses N2.5bn yearly- BudgIT

Ihesiulo Grace 19 April 2018 0

BudgIT has advised the Nigerian government against the effects of gas flaring, which continues to contribute to irreversible environmental degradation, posing hazards to human health and loss of revenue in the country. In a statement released in Lagos on Thursday, the firm said it observed some progress in the fight against routine gas flaring over […]

Energy

Gas flaring law error cost Nigeria billions of dollars

Ihesiulo Grace 29 January 2018 0

Africa’s top oil producer plans to make gas flaring more costly for companies that have escaped the payment of billions of dollars despite being fined, Nigerian Finance Minister Kemi Adeosun said. In the “legal framework for the gas-flaring penalty, it was drafted as a charge. A charge is tax deductible,” Adeosun said in a Jan. […]

Energy Oil & Gas

Nigeria’s FG to end gas flaring soon, Boroh discloses

Ihesiulo Grace 8 September 2017 0

Nigeria’s federal government will soon introduce a programme to end gas flaring in the Niger Delta region, Paul Boroh, the Special Adviser to the President on Niger Delta Affairs said Friday. Boroh disclosed this during the inauguration of a water project in Gelegele-Gbene community near Benin in Ovia North East Local Government Area of Edo. […]

News

Group calls out Delta Govt on gas flaring menace

Ihesiulo Grace 12 February 2017 0

A non-governmental organization group, Kovenium/mmalah Foundation (KIF) in Delta state has alleged Delta State government’s failure to address the age long gas flaring menace in the state as maladministration and insensitive to the yearnings of the people. Executive Director of the NGO, Miss Faith Nwandishi, told journalists in Asaba, at the weekend, that the gas […]

Editorial

Time to pass PIB and end gas flaring

Ihesiulo Grace 27 November 2016 0

Recently, the Director of Health of the Mother Earth Foundation, Mr. Nnimmo Bassey, expressed misgivings on the Federal Government reported commitment to end gas flaring by 2020. According to him, successive governments have been shifting the deadline for ending gas flaring from year to year, even as debates on the Petroleum Industry Bill (PIB), which […]