Petroleum Industry Act: Matters Arising
In a similar victorious tone, the Speaker of the House of Representatives, Hon. Femi Gbajabiamila, noted that the PIA was a landmark achievement and victory for Nigerians. He said many Nigerians would gain employment with the massive!-->!-->!-->…
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Oil Industry Won’t Disappear As Projected Globally – Sowunmi III
The aide to the Senate President & Consultant House Committee on Gas, National Assembly, Olabode Sowunmi III, has said that the campaign for transitions to renewables will not collapse the global oil industry despite projections!-->!-->!-->…
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‘Kuwait Oil & Gas Strategic Analysis, Outlook 2021-2028’
*The "Kuwait Oil and Gas Strategic Analysis and Outlook to 2028" report has been added to the research offering
-Agency Reports
This comprehensive guide provides analysis and forecasts of the Kuwait oil and gas market for!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Average Cooking Gas Price Soared By 3.52% In July
The National Bureau of Statistics (NBS) at the weekend said average price of cooking gas rose by 3.52 in July 2021.
This is contained in the document titled “Liquefied Petroleum Gas (Cooking Gas) Price Watch – July 2021.”
The!-->!-->!-->!-->!-->!-->!-->…
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OPEC+ compliance with oil cuts slips to 109% in July
The OPEC+ group saw its overall compliance with the production cuts at 109 percent in July, down from 113 percent in June, Argus reported on Thursday, citing an internal report meant for the Joint Technical Committee (JTC) of the!-->!-->!-->…
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OML11: Ruling Has Paved Way for Formidable NPDC Team – Kyari
By Teddy Nwanunobi
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has hailed the favourable court judgement, saying that the ruling has paved way for the Nigerian!-->!-->!-->!-->!-->…
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PIA: Factional HOSTCOM Leaders Differ On 3% Allocation
Leadership of Host Communities of Nigeria (HOSTCOM) in the Niger Delta region have differed on President Muhammadu Buhari’s signing the Petroleum Industry Bill (PIB) into law, especially the allocation of three per cent equity to the!-->!-->!-->…
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TotalEnergies Crude Oil Production To Hit 640,000 Barrels A Day In Q1, 2022
Oil giant, Total has commenced name change to TotalEnergies in Nigeria with new focus in gas production in line with its transformation initiative leaning towards cleaner energy.
The company said, emphasis will be along gas!-->!-->!-->!-->!-->…
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PIA: LCCI Cautions On Unbundling Of NNPC, Seeks Clarification On Subsidy Issue
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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Agitations will always happen but this is what many don’t know about the PIB – Sylva
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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