Industry

President Buhari (r), with Mohammad Sanusi Barkindo, OPECSecretary General Chief Timipre Sylva, Minister of State for Petroleum Resources -By Teddy Nwanunobi Recently, Nigeria marked 50 years as a member of the Organisation for…
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* Announces panelists for 2nd RDFC By Eddy Ochigbo and Adeniyi Onifade Ahead of the 2nd edition of its Research and Development Fair and Conference (RDFC) scheduled for September 9, the Nigerian Content Development and Monitoring…
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Frowns at 3 percent allocation to host communities Governor Douye Diri of Bayelsa on Tuesday called for clarity in the definition of host communities in the recently passed Petroleum Industry Bill (PIB) to avoid potential conflicts.…
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The Dangote Group, at the weekend, said its $2 billion Petrochemical Plant, now nearing completion, is designed to produce 77 different high-performance grades of polypropylene in the country. The plant with a capacity of 900,000…
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The Permanent Secretary, Ministry of Petroleum Resources, Dr Sani Gwarzo, Says effective implementation of  the Petroleum Industry Act (PIA) will drive purposeful investment in the oil and gas sector. Gwarzo made this known at the…
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Despite the critics on the Petroleum Industry Bill (PIB) recently passed into law by the President, Muhammadu Buhari, the Oil Solid Mineral Producing Area Landlords Association of Nigeria (OMPALAN) has described it as one of the best…
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The Department of Petroleum Resources (DPR), says reorganisation of the agency is in line with the Federal Government’s aspirations for the oil and gas industry. According to DPR, the move is also to ensure delivery of its…
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The House of Representatives Committee on Finance expressed the hope that the Petroleum Industry Act (PIA), 2021, will help put a stop to the payment of petrol subsidy by the government. The Committee expressed this position on…
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...It's gattered that following their petition, the president requested the Head of Service... President Muhammadu Buhari has directed the Department of Petroleum Resources (DPR) to immediately recall 11 deputy directors who were…
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The Nigerian National Petroleum Corporation, NNPC, has assured a steady supply of 300,000 barrels a day, b/d of crude to the 650,000 b/d Dangote oil refinery, which is still under construction. The plan is to bolster domestic…
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