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  • Oil & Gas - News
  • Updated: July 17, 2022

Latest Oil & Gas News Roundup For July 11 - July 17, 2022

Latest Oil & Gas News Roundup For July 11 - July 17, 2022

Welcome to the AllNews roundup of the latest Oil & Gas News that made the round last week.

Bayelsa Government Demands More Investment From Shell

The government of Bayelsa has requested Shell Petroleum Development Company of Nigeria Limited (SPDC) to invest more in infrastructure and energy development in order to raise living conditions in the state.

Lawrence Ewhrudjakpo, the deputy governor of Bayelsa, made the call at a business meeting with SPDC management in Port Harcourt, according to a statement released on Thursday by Abimbola Essien-Nelson, the company's media relations manager. Read more here.

MOMAN: N165 Petrol Pump Pricing No Longer Viable

According to the Major Oil Marketers Association of Nigeria (MOMAN), the mandatory Premium Motor Spirit (PMS), often known as the petrol pump price of N165, is no longer a viable option.

This was said on Wednesday by Olumide Adeosun, Chairman of MOMAN, at a virtual consumer protection session for Oil Marketers hosted by the Federal Competition and Consumer Protection Commission (FCCPC). Read more here.

OPEC Report: Nigeria Crude Oil Production Record Increase Of 5,000 bpd In June

A rise of 5,000 barrels per day (bpd) in Nigerian crude oil production was reported by the Organisation of Petroleum Exporting Countries (OPEC).

According to OPEC, Nigeria's crude oil output grew to an average of 1.238 million barrels per day (bpd) in June 2022 compared to the 1.233 million barrels per day produced on average in May 2022. Read more here.

Eid-el-Kabir : IPMAN Felicitates Muslims

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has felicitated Muslims on the occasion of the 2022  Eid-el-Kabir celebration.

IPMAN’s President, Chinedu Okoronkwo, in a goodwill message on Saturday, said the period was a time for Muslims all over the world to reflect on sacrificing for the benefit of humanity. Read more here.

Energy Transition: Nigerian Gas Association Advises MDAs To Switch To Gas-Fired Generators

In keeping with its policy of using gas as a transitional energy source while searching for cleaner sources, the Nigerian Gas Association (NGA) on Thursday urged Ministries, Departments & Agencies (MDA's) to switch to gas-fired generators.

The NGA, a professional industry pressure organisation, expressed its position in a statement in Yenagoa by its Publicity Secretary, Odianosen Masade. 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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