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NIPCO invests $2bn in Nigeria’s oil, gas sector

NIPCO Group says it has invested approximately two billion dollars in Nigeria’s oil and gas sector, covering pipelines, CNG, LPG and retail infrastructure. Mr Nagendra ​‌‌​‍​​‍⁠⁠‌⁠‍​​⁠‌⁠​‌​Verma, Managing Director, NIPCO, disclosed this on Thursday while briefing newsmen on the company’s developments in Nigeria’s oil and gas sector. “Over the years, the group has invested approximately two […]

China Gas Sector Lobbies for More Power Plants to Boost Demand

The power sector – which currently accounts for 18 percent of China’s gas consumption – is viewed by the industry as a key engine of growth, according to people involved in advising on energy policy. Under the sector’s latest proposal, China would build nearly 70 gigawatts of new gas-fired capacity by 2030, an almost 50 percent increase from 2025’s estimated level, they said, asking not to be named as the plan is not public.