Industry

"We must follow the process. This development runs contrary to Nigeria's laws regulating the oil and gas industry as it does not protect our national interest" The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and…
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By Kurt Davis Jr., banker Can Nigeria’s President employ the strategy of Saudi Arabia's Crown Prince in privatising a state oil corporation? The goal to privatise the Nigerian National Petroleum Company (NNPC) – a state oil…
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Stakeholders in the nation's automobile industry have commended the federal government for its position on Autogas Policy, saying it is a right step in the right direction. The federal government had last month ordered chief executive…
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The 2020 Petroleum Industry Bill (PIB) that is presently before members of the National Assembly will substantially reduce environmental pollution in the oil-producing areas of the Niger Delta when passed into law. Aside a ban on the…
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Africa’s oil and gas industry is facing a financial onslaught as a result of a combination of COVID-19, activist shareholders and the so-called Greening of IOCs such as Shell, Total and BP. While the oil majors all seem to be preparing…
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Nigeria aims to end the country’s so-called oil-for-fuel swaps system in the near future and rely instead on oil products from local refineries, which it hopes to have running again by 2023, the head of Nigeria’s national oil company NNPC…
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The Managing Director of the Nigerian Liquefied Natural Gas (NLNG), Mr. Tony Attah, has said Nigeria’s challenge in the gas sector has never been the shortage of good guidelines and policies, but the will power to execute them. Attah…
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Shell Nigeria Gas (SNG) said it would continue to optimise its onshore footprint while investing in gas development in Nigeria. This came as the company commissioned an indigenous contractor, Gredor Nigeria Limited, to begin the…
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The Petroleum Industry Bill (PIB) 2020, has listed the specific functions of the three agencies that will replace the Nigerian National Petroleum Corporation (NNPC), when passed by the National Assembly and assented to by  President…
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Last week the Petroleum Industry Bill (PIB) presented to the National Assembly by President Buhari passed first reading at the Senate. Same is expected at the House of Representatives when plenary resumes. From the statements coming…
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