Minister plans oil companies’ strategies review for ending gas flaring by 2030. Abuja stakeholders discuss methane reduction in Nigeria’s oil sector. Collaboration emphasized for methane emission addressing, focusing on sustainability. EKO HOT BLOG reports that on Tuesday in Abuja, at the national stakeholders engagement meeting on methane mitigation and reduction in Nigeria’s oil and gas sector, … Read more
The Federal Government might increase gas flaring penalties EKO HOT BLOG reports that as Nigeria rushes to meet its commitment to the UN’s net-zero objective by 2060, there are signs that the Federal Government may toughen sanctions for gas flaring. At a pre-conference in Lagos to announce the Society of Petroleum Engineers’ (SPE … Read more
The Nigerian National Petroleum Corporation, NNPC, yesterday, said the Federal Government would no longer grant approval for any new gas project that does not abide by its zero gas flare policy. The NNPC, in a statement in Abuja, said this represented the Federal Government’s commitment to a zero gas flare regime, while stating that it … Read more