Reps to pass PIB in April- Gbajabiamila
Speaker of House of Representatives Femi Gbajabiamila says the lawmakers plan to pass Petroleum Industry Bill (PIB) by April.
Gbajabiamila made the announcement while speaking...
Anti-labour practices: PENGASSAN issues 7 days ultimatum to Agip oil
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has given the Management of Nigerian Agip Oil Company Limited seven days to...
Conoil pays deposit for Chevron’s stake in both OMLs 86 and 88.
Conoil Producing, the Nigerian E&P independent owned by the billionaire Mike Adenuga, has paid a deposit for its purchase of the 40% equity held...
TCN says Discos used short-term funds for long term investments
CHIGOZIE AMADI
The Transmission Company of Nigeria (TCN) has maintained that part of the challenges in the electricity supply industry in the country was that...
OPEC+ January compliance with oil cuts reaches 85% – Petro-Logistics
OPEC+ compliance with pledged oil output curbs is averaging 85% so far in January, tanker tracker Petro-Logistics said , suggesting the group had improved...
IOC’s say PIB may reduce Nigeria’s competitiveness if passed in current form
The International Oil Companies (IOC), Monday warned that that the Petroleum Industry Bill (PIB) may reduce Nigeria’s global competitiveness if passed in its current...
Nigeria’s Petroleum Ministry announces new dates for NIPS 2021
The Minister of State for Petroleum Resources, Chief Timipre Sylva has announced new dates for the 2021 Nigerian International Petroleum Summit (NIPS). The official...
EEDC commences free mass meter roll out to customers
The Enugu Electricity Distribution PLC (EEDC) has commenced mass meter roll-out to its customers under the National Mass Metering Programme (NMMP), an initiative of...
Nigeria targets 50% reduction in annual cost of offshore, remote operations
Nigerian government has stated that the National Oil and Gas Excellence Centre (NOGEC) Lagos would enable the country to reduce by half its annual...
FG to leverage on oil and gas for devt. & economic diversification across all...
.pledge to maintain position as regional leader in oil and gas industry
.inaugurates excellence centre
The nations oil and gas sector received a major boost as President...
