Reps to consider PIB Tuesday next week – Speaker
The House of Representatives has slated the Petroleum Industry Bill, 2020 for second reading on Tuesday next week, Speaker Femi…
Our loss is down by 99.7% – NNPC
The Nigerian National Petroleum Corporation says it has achieved 99.7 per cent reduction in its loss profile from N803bn in…
Dangote refinery, others to impact on existing plants – OPEC
New refining capacities expected to come on stream in Nigeria and other African countries in the next few years may…
Nigeria’s delayed PIB to get lawmakers’ backing – NNPC GMD
The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC) has expressed confidence that the nation’s long-delayed oil and…
NNPC to flood service stations with gas to fuel vehicles by December – Kyari
As the Federal Government de-emphasises use of petrol to power automobiles, the Group Managing Director of Nigerian National Petroleum Corporation…
African oil producers suffered production dip in the last 10 years
The last 10 years has been a mixed baggage for the African oil industry as it has experienced downsides in…
New Petroleum Bill requires a Host Community Trust by oil companies
The new Petroleum Industry Bill( PIB) on the floor of the National Assembly has made the incorporation of a host…
New PIB law will usher in regulator that will take charge of frontier exploration
Exploration of frontier basins shall fall under the purview of the Upstream Regulatory Commission, if the Petroleum Industry Bill, under…
Dangote refinery, others threaten existing plants – OPEC
New refining capacities expected to come on stream in Nigeria and other African countries in the next few years may…
Federal Government launches automobile petrol-to-gas conversion kits
The Federal Government has acquired about 1,000 conversion kits that will change petrol powered trucks and small vehicles to start…