Industry

The Independent Petroleum Marketers Association of Nigeria, (IPMAN) has described the inclusion of the Petroleum Equalization Fund (PEF) in the newly passed Petroleum Industry Bill (PIB) as a clear demonstration of the sensitivity of the…
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President of the Senate, Dr Ahmad Lawan, has urged lawmakers to track, monitor and supervise the implementation of the Petroleum Industry Bill (PIB) after assent by President Muhammadu Buhari. He made the call in a keynote address at…
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A member of the House of Representatives, Hon. Dennis Idahosa has said that the passage of the Petroleum Industry Bill (PIB) will engender global competitiveness in the Nigerian oil industry. Idahosa, who represents the Ovia Federal…
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Kano State Government on Friday signed a Memorandum of Understanding (MoU) with NNPC and Gas Aggregation Company Nigeria (GACN) Ltd. on the Ajaokuta-Kaduna-Kano (AKK) pipelines gas project.Gov. Abdullahi…
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By Eddy Ochigbo The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammad Sanusi Barkindo, has paid glowing tribute to the recently retired Bijan Namdar Zanganeh of Iran for his historic…
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Niger Delta leaders on Friday highlighted the gains of Petroleum Industry Bill (PIB), declaring the passage by the 9thNigeria National Assembly as a pointer to Nigeria’s path to greatness and development. ‘’It is another benchmark for…
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The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from fresh Gas Supply Purchase…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has commended President Muhammadu Buhari and the National Assembly over the passage of Petroleum Industry Bill. IPMAN in a press release signed by IPMAN National…
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In a bid to expand its business activities in the nation’s oil sector, Danmarna Petroleum Limited has acquired a massive petroleum reservoir at Warri deport in Delta State. Danmarna Petroleum Limited is owned by a Katsina State’s born…
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Minister of State Petroleum Resources Chief Timipre Sylva has urged Niger Delta youths to be at the vanguard of promoting peace in the region to be able to attract investment and developments. Speaking during a courtesy call on him by…
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