The federal government has proposed a 50 percent tax increase on companies guilty of oil gas flaring
Costs, policy, and operating environment among others need to be reviewed if the Federal Government must end gas flaring by December 2022.
Nigeria LNG, a liquefied natural gas-producing company, said monetizing over 60% of flared gas through its various liquefied natural gas plant will drive Nigeria on the...
National Gas Flare Commercialization Program (NGFCP) to create 300,000 jobs annually
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has inaugurated a 12-member 'Gas Flare Commercialization Program Team' to manage the nation's gas flaring.
Nigeria lost N184 billion to gas flaring in the first half (H1) of 2022, the Nigerian Oil Spill Monitor.
Despite efforts to commercialise Nigeria's gas and plans to start supplying gas to Europe via Morocco, an estimated $13.3 billion or N4 trillion worth of gas...
International Oil Companies (IOC) and their local counterparts flared a total of 33.04 billion standard cubic feet of natural gas resulting in a major estimated loss...
Gas Flaring: Senate Laments N217bn Loss The continuous waste of Nigeria’s natural gas remains a concern as the Senate joined numbers of stakeholders calling for an...
Oil Firms Flared Gas Worth N128bn in 11 Months The Nigerian National Petroleum Corporation (NNPC) said oil and gas companies operating in Nigeria flared a total...