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The Lagos Chamber of Commerce and Industry, LCCI, has called for a clarity on the removal of Petrol subsidy as contained in the Petroleum Industry Act, PIA. According to Dr. Chinyere Almona, Director General, of the Chamber,…
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The Minister of Petroleum, Timpre Sylva has reacted to agitations made by PANDEF on the newly passed Petroleum Industry Bill (PIB) during a live interview with Channels television. Recall that several backlashes were thrown at…
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The NPDC, a subsidiary of the NNPC is set to begin exploration at OML 11 in the Niger Delta, following a legal victory over an International Oil Company, Shell. This followed a ruling of the appeal court that the Nigerian government…
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The Federal Government, on Thursday, said the new Petroleum Industry Act had given it the power to hold the equities of the country’s oil firm in trust for the federation. It stated this in response to concerns raised by state…
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Not too long after Shell suffered major defeat in the court over oil spillage, a set of gunmen have killed a police officer and six of the oil giant’s employees. Royal Dutch Shell Plc’s Nigerian unit recently agreed to pay a local…
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President Muhammadu Buhari on Wednesday said the signing of the Petroleum Industry Bill (PIB) into law marks the end of decades of un­certainty and under-investment in the Nigeria petroleum industry. President Buhari gave reasons…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has lamented the high rate of insecurity in the country, saying that its members were being attacked and kidnapped on daily basis. To this end, the senior…
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The newly assented Petroleum Industry Act (PIA) is a commitment of the ruling All Progressives Congress (APC) to the restructuring of the Nigerian economy through the democratic process. The governors elected on the party’s platform…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of the Board of the NNPC Greenfield Refinery Limited (NGRL), to explore all available options to bring an end to…
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The Nigerian Guild of Editors (NGE) has commended the appointment of one of its former Presidents, Mr Garba Deen Mohammed, as the Group General Manager (Public Affairs) of the Nigerian National Petroleum Corporation (NNPC). The NGE,…
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