PENGASASAN warns against frequent review of PIA
The frequent amendments to the key Petroleum Industrial Act could hamper investment in the nation’s oil and gas sector, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned.
President of PENGASSAN,!-->!-->!-->!-->!-->…
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Port Harcourt Refinery: Corruption Impedes Smooth Functioning
Corruption has been identified as the main factor militating against the rehabilitation and operation of Port Harcourt Refinery.
The secretary of Alesa Stakeholders’ Forum, Comrade Timothy Mbere, made this known in an interview with!-->!-->!-->!-->!-->…
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Repositioning NNPC for Transparency, Global Competitiveness
Bashir Bayo Ojulari, GCEO, NNPCL
In just four months as Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bayo Ojulari has initiated wide-reaching changes aimed at stabilising the!-->!-->!-->…
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NNPC Unveils New Business Model Focused on Value, Efficiency
NNPC Limited has launched a new business model aimed at boosting value creation, efficiency, and competitiveness in Nigeria’s oil and gas sector.
The announcement was made by the Group CEO, Bashir Bayo Ojulari, during the PENGASSAN!-->!-->!-->!-->!-->…
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PTDF Executive Secretary commits to developing Nigeria’s future energy workforce
Ahmed Galadima Aminu
The Executive Secretary of the Petroleum Technology Development Fund (PTDF), Ahmed Galadima Aminu has called for stronger collaboration among government, industry, academia, and labour unions to prepare Nigeria’s!-->!-->!-->…
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I Don’t Trust Okonjo-Iweala On Matters Of African Economy, She’s Agent To World Bank/IMF…
Former lawmaker Dr. Usman Bugaje has expressed distrust in World Trade Organization Director-General Dr. Ngozi Okonjo-Iweala's economic assessments of Nigeria, characterizing her as aligned with Western financial institutions.
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PIA, inconsistent policies deterring investment in oil sector — PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Wednesday warned that constant policy amendments of laws, the Petroleum Industry Act (PIA) being chief among the list, are discouraging investors from!-->!-->!-->…
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Reps panel summons 11 Discos over N2.6 trillion debt
Bamidele Salam
The House of Representatives Committee on Public Accounts has summoned 11 electricity Distribution Companies (Discos) to appear before it over an outstanding debt of N2.6 trillion owed to the federation account.p
The!-->!-->!-->!-->!-->…
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Filling stations cut fuel price to compete with NNPC, others
Nigerian filling stations have once again reduced premium motor spirit pump prices to compete with the Nigerian National Petroleum Company Limited, NNPC, and other fuel outlets nationwide.
DAILY POST gathered on Wednesday that AA!-->!-->!-->!-->!-->…
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Federal Govt May Seize redundant Oilfields, Assets
Oil companies operating in Nigeria have been advised to make use of their idle oilfields and assets or consider leasing them out to avert being taken away from them by the federal government.
The Minister of State for Petroleum!-->!-->!-->!-->!-->…
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