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Residents of Imo State woke up on Tuesday to another round of fuel scarcity, following a strike action embarked upon by the tanker drivers, an action that has aggravated hardship on the residents of the state. Our correspondent who…
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Frowns at 3 percent allocation to host communities Governor Douye Diri of Bayelsa on Tuesday called for clarity in the definition of host communities in the recently passed Petroleum Industry Bill (PIB) to avoid potential conflicts.…
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The Dangote Group, at the weekend, said its $2 billion Petrochemical Plant, now nearing completion, is designed to produce 77 different high-performance grades of polypropylene in the country. The plant with a capacity of 900,000…
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The Permanent Secretary, Ministry of Petroleum Resources, Dr Sani Gwarzo, Says effective implementation of  the Petroleum Industry Act (PIA) will drive purposeful investment in the oil and gas sector. Gwarzo made this known at the…
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Many Nigerians may resort to the use of alternative means for cooking as prices of Liquefied Petroleum Gas (LPG) hits the roof due to the Federal Government implementation of a 7.5 percent Value Added Tax (VAT) policy on imported…
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Despite the critics on the Petroleum Industry Bill (PIB) recently passed into law by the President, Muhammadu Buhari, the Oil Solid Mineral Producing Area Landlords Association of Nigeria (OMPALAN) has described it as one of the best…
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*Shell, TotalEnergies, 2 others account for 68of total production Nigeria’s total gas output grew by 4.12 per cent to 189.996 billion standard cubic feet (BCF) in the month of July 2021, compared to 179.59 BCF recorded in June 2021,…
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The Department of Petroleum Resources (DPR), says reorganisation of the agency is in line with the Federal Government’s aspirations for the oil and gas industry. According to DPR, the move is also to ensure delivery of its…
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The House of Representatives Committee on Finance expressed the hope that the Petroleum Industry Act (PIA), 2021, will help put a stop to the payment of petrol subsidy by the government. The Committee expressed this position on…
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...It's gattered that following their petition, the president requested the Head of Service... President Muhammadu Buhari has directed the Department of Petroleum Resources (DPR) to immediately recall 11 deputy directors who were…
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