Industry

Mr Sarki Auwalu, Director, DPR made the disclosure during a visit of the Federal House of Representatives Committee on Petroleum Resources (Upstream) to the DPR headquarters in Lagos on Wednesday. The News Agency of Nigeria (NAN)…
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Imo state will be is set to increase the production of oil in Nigeria with the completion of the Modular refinery that will produce 5,000 Barrels per day. This is one of the key meeting the Federal Government’s agenda of increasing…
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…Saves Billions of Dollars in Liabilities for Nigeria The Litigation Team of the Nigerian National Petroleum Corporation (NNPC) has won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards. A press release by the…
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If the draft Petroleum Industry Bill, which is currently before President Muhammadu Buhari is passed by the National Assembly into law in its present form, then a total of 12 legislations in the oil and gas industry would be repealed by…
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The state minister of petroleum, Timipre Sylva disclosed that the federal government will save at least one trillion Naira from the deregulation of oil sector.. He pointed out that the government will use the money to fix and revamp the…
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As efforts to reforming Nigeria’s oil and gas sector through passage of the Petroleum Industry Bill (PIB) remains on the front burner, industry experts have continued to weigh in on the provisions that will make the bill a good one,…
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Speaking on Channel Television’s Politics today, Kyari said that the inevitable shutdown was necessitated by difficulties in feeding them with crude oil via the pipelines that have been completely compromised by vandals. “That means…
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Nigeria can develop into the refining hub for West and Central Africa becoming a net exporter of refined products following federal government’s new policies on alternative energy, total deregulation, liberalization of the petroleum …
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Facts have emerged as to how the Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari secured a $300m reduction in the Ajaokuta-Kaduna-Kano Gas project It was learnt that after several failed attempts in the…
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Twelve years after the controversial Petroleum Industry Bill (PIB) is yet to see the light of the day, stakeholders including community leaders in the Niger Delta discovering the bill in circulation does not address the yearnings of host…
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