The Nigerian National Petroleum Company Limited (NNPC Ltd.) has distanced itself from a truck intercepted by the National Drug Law Enforcement Agency (NDLEA) in Ondo State with 2,145kg of cannabis concealed in a compartment.

The Federal Government, through the Federal Ministry of Petroleum Resources (Gas) and the Decade of Gas Initiative, has launched the National Grassroots LPG Penetration Programme (NGLPP) in Akwa Ibom State, making the state the second stop in the nationwide state-by-state rollout following the successful launch in Bayelsa State.

The gas-fired power plant, located within the Ogba Undertaking of Ikeja Electric Plc, is designed to improve power availability, reduce supply disruptions and provide a dependable source of electricity to one of Lagos’ key industrial and commercial hubs.

BSWAp is expected to become one of Nigeria’s largest deepwater developments, with the potential to attract between US$15 billion and US$21 billion in investment over the life of the project.The project is also expected to achieve peak production of approximately 175,000 barrels of oil per day (kbopd) and 140 million standard cubic feet of gas per day (mmscfd).

Although Nigeria met its OPEC quota in the month of July, the statistics show that on a month on month basis, production fell by 4%