The Organisation of Petroleum Exporting Countries (OPEC) and its allied oil producers, known as OPEC+, yesterday insisted that defaulting countries, including Nigeria, must adhere to total compliance with the oil production output cuts agreement in April. This is coming as the Nigerian National Petroleum Corporation (NNPC) yesterday kicked against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the…

Nigeria has started the export of 950,000 metric tones of the Liquefied Natural Gas (LNG), worth N354 billion to the global market. According to the Nigerian Port Authority, NPA’s shipping data; the product was exported through the use of 16 vessels to various ports around the world in the past few months. The data showed that Sines Port in Portugal took delivery of 141,000 cubic meters of the product in…

Natural gas drilling investment leases help meet that demand by opening up the opportunity to find new natural gas sources, while giving you the potential to receive financial gains. When you make financial investments in natural gas drilling, it’s important to learn about all aspects of the operation, including the gas pipeline construction procedure.   Building New Natural Gas Pipelines Pipelines used for natural gas transmission feature steel construction — the…