Industry

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), will, on Wednesday, meet with members of the House of Representatives as part of efforts aimed at ensuring smooth passage of the Petroleum Industry Bill (PIB),…
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By Teddy Nwanunobi and Aisha Saleh The establishment of the National Oil and Gas Excellence Centre (NOGEC) by President Muhammadu Buhari at the beginning of this year has been described as a bequeathing legacy that has placed…
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The editorial management of Valuechain Magazine, led by the Publisher, Musa Bashir Usman, today paid a courtesy visit to the Director/CEO, DPR, Engr. Sarki Auwalu to intimate him on the magazine's upcoming 4th Valuechain Lecture &…
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*Say 'No to 10% equity participation' Executive National Chairman, Host Communities of Nigeria, Producing Oil and Gas, HOSCON, Prince Mike Emuh, has urged the National Assembly, NASS, to stipulate that 2.5 per cent per Flow Station…
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The Senate will on Thursday debate the report of its joint committees on Petroleum (Upstream, Downstream and Gas) on the Petroleum Industry Bill. Senate President Ahmad Lawan disclosed this on Tuesday after the chairman of the panel,…
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Mustapha Yakubu, Chief Operating Officer, Refineries & Petrochemicals, NNPC, says there is no fraudulent dealing in NNPC’s planned equity participation in Dangote Oil Refining Company (DORC). Yakubu made the declaration on Monday in…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the National Assembly to pass a balanced and investor-friendly Petroleum Industry Bill (PIB). The National President, PENGASSAN, Festus Osifo,…
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There are demands for huge changes, including from community leaders seeking an increased share of revenues few hours to the passage of the Petroleum Industry Bill (PIB). There are increased fears that more agitations are in the waiting…
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•Dips refining capacity by 1.862m bpd Early hopes of Nigeria’s refining capacity growing by 1,862,000 million barrels per day (bpd) has further been dashed as 40 firms are currently in possession of dormant refinery license, a…
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The management of Polaris Bank Limited has blamed the previous management of defunct Skye Bank Plc for its inability to transfer the controversial $223.9m belonging to the Nigerian National Petroleum Corporation (NNPC) into the Treasury…
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