Tag: Petroleum Industry Act

Mr Tinubu promised to implement key reforms in the energy sector, ensure collaboration between security agencies and oil industry operators ...

Mr Kyari explained that the establishment of the Petroleum Industry Act (PIA) helped the NNPC Ltd to improve its operations.

"We also appeal for consistency and uniformity in the use of the company’s brand name which is NNPC Ltd, and ...

Mr Komolafe disclosed this during a meeting with operators of domestic refineries in Abuja on Wednesday.

The Senate noted that the PIA implementation had yet to produced any workable coordination or clearing house by which NNPCL, ...

The lawmakers noted that many oil wells in oil-producing communities are depleted and are no longer commercially viable, resulting in ...

The NNPCL had on Saturday announced management changes and appointed new executive vice presidents

“We have people that compromise, including domestic and foreigners who are all culpable.”

The court ordered the reinstatement of Ifeanyi Ararume as the non-executive chair of NNPCL, and awarded N5 billion damages in ...

High tax burden on businesses is detrimental to investment and job creation, the think tank said.

The government must have the courage to prosecute those stealing crude oil and those vandalising the pipelines.

The petrol subsidy was intended as a temporary measure to offset global oil price increases for consumers, but the Nigerian ...

This is a unique transaction in the history of Nigeria’s downstream sector wherein a consortium formed of reputable upstream, midstream, ...

The lawmakers said if the ugly trend of the increasing price of diesel is not checked, the multiplier effect will ...

NNPC and Afreximbank agree to intensify efforts at deepening investment in Nigeria’s oil sector.

Members of the new NWC were inaugurated on Friday.

The government has set up new agencies under the new Petroleum Industry Act.

The company was registered electronically within 24hrs, with an initial share capital of N200 billion.

President Muhammadu Buhari had in September requested the Senate to confirm the nominees in line with the PIA Act.

President Muhammadu Buhari on September 16 forwarded two letters to the Senate President, Ahmad Lawan.

Governors and others who have worked at the state level and gone on to work at the federal executive level, ...

The president's signing means he accepts the three per cent allocation that dimmed the passage of the bill in July ...