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The Fourteenth of September 2020 is a very special day for the Organization for the Petroleum Exporting Countries, OPEC. This sees the Organization celebrate its 60th anniversary.In a statement on Monday, 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National Assembly into law in its present form, then a total of 12 legislations in the oil and gas industry would be repealed by…
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. Lists four legal instruments, bobby traps that must be repealedNigerian leading Energy Policy Analyst and immediate past Chairman, Society of Petroleum Engineers (SPE), Nigeria Council, Engineer Joe Nwakwue, has picked holes in…
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The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians through aggressive activation of Compressed Natural Gas…
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Ayuba Wabba, President of the Nigeria Labour Congress (NLC), has said labour would not protest the recent increment in prices of various essential commodities, including fuel and electricity yet.Also, electricity tariff was increased…
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The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, has said that plans are underway to create a window that would allow oil marketers to access foreign exchange at the same rate as theCorporation.He said,…
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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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Minister of state petroleum resources, Chief Tmipre Sylva has faulted the former vice president Atiku Abubakar over his comments against the removal of fuel subsidy.Atiku had in his tweeter handle insisted that fuel price ought to have…
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The Minister of State for Petroleum Resources, Chuef Timipre Sylva, says the Federal Government’s decision to fully remove subsidy from petrol will earn the country ₦1trn annually and create massive jobs.Sylva, who said this on…
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There must be cheaper and cleaner alternatives to petrol and diesel made available to the public especially now that full deregulation of the Nigerian Petroleum downstream sector commenced, Major Oil Marketers Association of Nigeria…
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