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Oil and Gas
AYADE: PIB Must Address Delisting Of Cross River As Oil Producing State
As the Joint Committee on Petroleum Industry Bill (PIB) tours the country for stakeholders' inputs, Cross River State governor, Sir Ben Ayade, has tasked the National Assembly to handle related issues to the bill with circumspection to…
Approve Not Less Than 10 Percent For Host Communities In PIB – Wike
Rivers State Governor, Nyesom Ezenwo Wike, has advocated not less than 10 percent fund allocation to host communities in the Petroleum Industry Bill that is still before the National Assembly.
Governor Wike said it is also…
DPR Warns Oil Markerters As Fuel Queues Resurfaces In Some Part Of Nigeria
The Department of Petroleum Resources (DPR) on Tuesday said that it will not hesitate to apply appropriate sanctions on marketers engaged in hoarding of petroleum products in their outlets.
Mr Sarki Auwalu, Director, DPR, gave…
PIB: 2.5% For Host Communities Not Acceptable – Gov. Diri
The Bayelsa State Governor, Senator Douye Diri, has said the 2.5 per cent revenue proposed for host communities in the Petroleum Industry Bill (PIB) was grossly inadequate and unacceptable to the people of the Niger Delta.
…
IMO Govt Tasks Lawmakers To Beam Searchlight On Oil Industry Over Sharp Practices
The Imo state government has called on the National Assembly to review operations and management of the Oil and Gas Industry in Nigeria over sharp practices
The Imo State Governor, Senator Hope Uzodimma disclosed this on…
Fuel Scarcity, Power Outage Hit Maiduguri, As Zulum Orders Govt Station To Deliver 45,000 Liitres Daily
As scarcity of petroleum products hits populated Maiduguri, Borno State Governor, Babagana Umara Zulum on Monday ordered Borno Supply Company, a government owned filling stations to ensure daily supply of 45,000 litres to increase access…
Oil Industry Losing Substantial Investments Over Delay Of PIB Passage – Okowa
Delta Governor,Mr. Ifeanyi Okowa, on Monday said Nigeria’s oil industry had lost substantial investments due to delay in the passage of Petroleum Industry Bill (PIB).
Okowa stated this when he received on courtesy visit, the…
SCARCITY: Oyo Govt Calls On DPR To Sanction Marketers Hoarding Petrol
A call has gone to the Department of Petroleum Resources (DPR) to start monitoring petroleum stations in the State and sanction marketers found hoarding the product.
The State Commissioner for Public Works and Transport, Prof.…
NNPC Cautions Against Hoarding, Panic Buying
Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of petrol in March, 2021.…
DPR Raises Alarm Over Job Lose To China On Moribund Facilities
The Department of Petroleum Resources (DPR), yesterday, raised concerns over moribund oil and gas facilities across the country.
Speaking during a visit to one of such facilities, a fabrication yard located at Ilase Village,…