Shell has announced plans to ramp up cost savings and reduce spending while aiming to deliver more value with lower emissions, in spite of having weakened its carbon reduction pledge in 2024. Ahead of its capital market day, the oil Read More
Gasnexus, NGML begin construction of mini-LNG plant for Northern industries
Gasnexus, a subsidiary of Axxela in joint venture partnership with NNPC Gas Marketing Limited (NGML), has joined NNPC and other private The post Gasnexus, NGML begin construction of mini-LNG plant for Northern industries appeared first on The Guardian Nigeria News Read More
Stakeholders worry over waning investment in gas infrastructure
Stakeholders are worried over the low rate of investment in gas development as well as the declining level of production. The post Stakeholders worry over waning investment in gas infrastructure appeared first on The Guardian Nigeria News – Nigeria and World Read More
$800b upstream investment creates energy future in Nigeria, others
The African upstream oil and gas sector is currently undergoing an $800 billion capital expenditure (capex), as reported by Wood Mackenzie. The organisation is projecting liquefied natural gas (LNG) as a significant investment theme alongside traditional deepwater oil exploration. The Read More
Nigeria to miss out as LNG contracts gain momentum
Investment, infrastructure challenges as well as historic government-induced bottlenecks may continue to make Nigeria miss out as demand for long-term LNG contracts continue to soar. The post Nigeria to miss out as LNG contracts gain momentum appeared first on The Read More
More FIDs in LNG projects amid rise in gas price
There are indications that about 79 million tonnes per annum (MMTPA) of additional Liquefied Natural Gas will see the final investment decision (FID) this year. The post More FIDs in LNG projects amid rise in gas price appeared first on Read More