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  • Updated: January 29, 2023

Latest Oil & Gas News Roundup For January 22 - January 29, 2023

We're glad you're here for the most recent Oil & Gas News collections, where we swiftly present the most interesting AllNews stories from the previous week.

Buhari Sets Up Committee To Tackle Supply, Distribution Of Petroleum Products

President Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management to find lasting solution to disruptions in the supply and distribution of petroleum products.

The Steering Committee, which will be chaired by Buhari, has the Minister of State for Petroleum Resource Chief Timipre Sylva as Alternate Chairman. Read more here.

Association Calls For End To Fuel Scarcity

The National Association of Energy Correspondents (NAEC) has urged government institutions in charge of supply and regulation to take quick action to stop the nation's deepening fuel shortage in order to justify significant public spending on internal subsidy.

The organisation of energy editors in Nigeria bemoaned that the development had caused untold misery to Nigerians in a statement released on Monday in Lagos by the association's secretary, John Meze. Read more here.

NUPRC Rallies Stakeholders, Investors For Gas Flare Elimination

To expedite the implementation of the Nigerian Gas Flare Commercialisation Programme, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) claims it has organised a Bidders' Conference/Investors Forum for industry stakeholders (NGFCP).

The development was revealed in a statement made available on Tuesday in Abuja and signed by the NUPRC Chief Executive, Gbenga Komolafe. Read more here.

Additional 125mw To Be Added To National Grid To Increase Power Supply By First Quarter Of 2023

Nigeria is anticipated to enhance its power capacity by adding an additional 125 megawatts to the national grid by the end of the first quarter of 2023, according to Tilt Energy, an integrated energy firm with headquarters in Lagos.

This information was provided during the commissioning of the NNPC Gas Marketing Limited (NGML) gas distribution office in Ikeja, Lagos, by Deji Awodiji, the managing director of Tilt Energy. Read more here.

PENGASSAN Calls On FG To Fix Broken Pipelines, Prosecute Oil Thieves

In order to combat the nation's vandalised pipelines and rising crude oil production, the Federal Government has been urged by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).

PENGASSAN urged that all those detained in connection with pipeline destruction and economic sabotage be charged with crimes, tried, and sentenced if convicted. Read more here.

These are the latest Oil & Gas news that made trends during the week. Visit our website https://allnews.ng for more Oil & Gas news around the world.

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