Reps working to include downstream stakeholders on NNPCL board
The House of Representatives says it is working on plans to amend the Petroleum Industry Act (PIA) to include downstream stakeholders on the board […]
Petroleum Industry Act (PIA)
PIA to unlock investments in Nigeria’s oil, gas sector – Sylva
The Minister of State Petroleum Resources Chief Timipre Sylva, has said that the desire to surmount the challenges bedeviling the oil and gas sector led […]
PIA targets attaining 40bb, 220TCF oil, gas reserves – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said the Petroleum Industry Act (PIA) had introduced incentives to grow reserves. The commission also said that the […]
Why Nigeria is not reaping full benefits of oil windfall – FG
The Federal Government says while oil prices are on the rise, Nigeria is not reaping the full benefits of the current windfall because of years […]
OPEC Quota: How to increase oil production – Expert
An Oil and Gas Expert, Mr Charlse Majomi, has called for a concerted drive and clearer fiscal terms to incentivise investments for increased upstream production […]
Nigeria open to onshore and natural gas investments – Sylva
By BENJAMIN ORISEMEKE, Abuja – The Federal Government, on Monday said it was opened to onshore and natural gas investments by the Turkish government in […]
PIA’ll create cordial host community relationship, development trust fund – Sylva
The Federal Government says the Petroleum Industry Act (PIA) has addressed the relationship with host communities with the creation of the Host Community Development Trust […]
Rising crude oil prices great opportunity for Nigeria — Buhari
President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA). The […]
FG to focus more on natural gas exploitation, says Buhari
The Federal Government has declared its intention to invest and focus attention on natural gas exploitation in the country. Addressing the 6th Gas Exporting Countries […]
Senate committee on upstream’ll ensure full implementation of PIA – Chairman
The Senate Committee on Petroleum Resources (Upstream) says it will ensure that every single provision enshrined in the Petroleum Industry Act (PIA) is followed to […]
Nigeria can become highest petrochemicals producing country — Sylva
Chief Timipre Sylva, Minister of State for Petroleum Resources, says Nigeria has the capacity to become the highest producer of petrochemicals in the world. This, […]
PIA: Kyari tasks NETCO on increased profitability
Malam Mele Kyari, Group Managing Director, NNPC Ltd., has tasked the National Engineering and Technical Company ( NETCO) to take advantage of the opportunities provided […]
Over 80 CSOs commend Buhari’s plans to end subsidy regime
About 82 Civil Society Organisations (CSOs) under the aegis of “Civil Society Coalition for Economic Development (CED) have hailed President Muhammadu Buhari over plans to […]