Industry

-By Fred Ojiegbe There seems to be respite for operators in Nigeria’s oil and gas industry as federal government reduced tax rates in the revised petroleum industry bill, PIB, set to be passed into law by the National Assembly. This…
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-By Gideon Osaka There seems to be a ray of hope for oil host communities as provisions of the Petroleum Industry Bill are set to address majority of their concerns and agitations. Before now, there had been public outcry on how…
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-By Gideon Osaka Nigeria’s high oil production cost may be reduced drastically going by the determination of the Nigerian National Petroleum Corporation (NNPC), to achieving production cost of $10 per barrel before the end of the year…
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The Nigerian National petroleum Corporation (NNPC) has expressed its readiness to support indigenous fleet owners to enjoy greater patronage and participation in the oil and gas maritime business in Nigeria. The Group Managing Director…
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The Federal Government has declared Jan. 1, 2021 to Dec. 31, 2030 as “The Decade of Gas Development for Nigeria”. Chief Timipre Sylva, Minister of State for Petroleum Resources, made the declaration on Thursday at the Seventh (Virtual)…
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…as body approves establishment of Investment Corporation -By Saidu Abubakar The task ahead of the African Petroleum Producers Organisation (APPO) that seemed huge and herculean in nature, is continually being overcome as the…
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-By Gideon Osaka A disturbing trend where operators and major service providers enter into contract agreements with supply companies to source expatriates for positions, which in several cases had been denied quota and earmarked to be…
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The Honourable Minister of State for Petroleum Resources, His Excellency's Dr. Timipre Sylva was just conferred with a honorary Doctor of Public Administration (DPA) Degree and Fellowship of the Institute of Public Administration (FIPA) by…
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The Nigerian National Petroleum Corporation (NNPC), under Mallam Mele Kyari, has put in place far-reaching internal controls cutting its financial losses by a whooping eight hundred billion Naira, writes Danlami Nasir Isah and Eddy Ochigbo…
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-By Fred Ojiegbe The Federal Government of Nigeria and the Republic of Niger have signed a Memorandum of Understanding (MoU) for petroleum products transportation and storage. Following bilateral agreements between Nigeria’s…
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