LAGOS MAY 23RD (NEWSRANGERS)-Nigeria’s premier gas distribution company, Shell Nigeria Gas (SNG) last week engaged more than 100 gas off takers in the Agbara Ota industrial zone in Ogun State on ways of consolidating the gains from the supply of gas to the businesses. Set up in 1998 as a fully Shell-owned company, SNG currently…
LAGOS NOVEMBER 14TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have revived up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd). The company which announced this at a press briefing on Thursday said the feat was achieved in compliance with the…
LAGOS OCTOBER 24TH (NEWSRANGERS)-The recent sad incident in Edo state has raised concerns about the safety of the switch from petrol-powered cars to CNG. The accident indicated the need to critically differentiate between CNG (Compressed Natural Gas) and LPG (Liquefied Petroleum Gas) commonly used across Nigeria. Understanding these differences is important for safety and effective…
LAGOS OCTOBER 18TH (NEWSRANGERS)- Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, shared an optimistic outlook on the future of Nigeria’s oil and gas industry during a panel session at the just concluded Nigeria Economic Summit in Abuja. Speaking on the theme “Fuelling Growth: The Future…
LAGOS JANUARY 5TH (NEWSRANGERS)-One month after the federal government promised to crash the cost of Liquefied Petroleum Gas (LPG), also known as cooking gas, households and businesses are still paying high prices for every kilogram of the commodity. This is because the price has remained on the high side, as investigation by Daily Trust revealed…
LAGOS AUGUST 5TH (NEWSRANGERS)-Nigerians have become more innovative following the removal of fuel subsidy by President Bola Tinubu on May 29. Tinubu’s sudden decision to stop the oil subsidy regime brought about a sharp rise in the price of petrol. From an average of N200, petrol now sells at a price above N600 per little….
LAGOS AUGUST 4TH (NEWSRANGERS)-Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol that has seen pump prices rise sharply, angering motorists and businesses that use petrol to generate their own power. State-oil firm NNPC said late on Thursday it has partnered with NIPCO Gas to…
LAGOS JULY 30TH (NEWSRANGERS)-I would like to advise President Bola Ahmed Tinubu and his economic advisers he seems to be lending listening ears to that without massive Compressed Natural Gas (CNG) roll-out, within the next two weeks, the subsidy policy will fail. And the CNG will have to be subsidized for the economy to be…