Monday, 27th March 2023
Breaking News:


28 Feb
The Petroleum Industry Act, 2021 (PIA) mandates the incorporation of host communities’ development trust (the Trust) by companies known as settlors under the PIA.
25 Feb
I was witness to history on Friday last week. I’d been invited to attend what was called NNPC Cutover Ceremony at the corporate head office of the burgeoning National Energy Company in Abuja, Federal Capital Territory.
13 Feb
Three oil-producing communities in Delta State have called for rejection of Petroleum Industry Act (PIA), saying the implementation will plunge oil companies and their host communities into unnecessary crisis.
23 Jan
Many Nigerians with critical interest had hitherto believed that the advent of Nigeria’s Petroleum Industry Act (PIA) 2021, which was signed into law in the aforementioned years, and arguably the most audacious attempts to overhaul the petroleum sector in Nigeria, will solve the real and imagined challenges in the nation’s petroleum sector
10 Jan
Despite the dismal performance of the nation’s petroleum sector amidst crude oil theft, subsidy payment and rising insecurity that has worsened operations for players in the industry, the Federal Government yesterday in Abuja insisted that the performance of the oil and gas sector was above par in the past seven years of the President Muhammadu Buhari’s administration.
4 Jan
Subsidy payment, both in the oil, gas and electricity sectors; crude oil theft, vandalism, insecurity, contract-based market for power, incessant collapse of national electricity grid, divestment of assets, metering challenges, low investment in the oil and gas industry...
14 Dec
Stakeholders in the oil and gas sector have said that the industry in Nigeria in the last decade remains the worst.
23 Nov
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday, in Abuja, said successful implementation of the Petroleum Industry Act (PIA) remains sacrosanct in boosting the country’s oil earnings.
16 Nov
Stakeholders across the energy sector in Nigeria are calling for an urgent rejig that will make Nigeria’s $1.9 trillion energy transition plan a reality.
26 Oct
To say that Nigeria is being stolen is an understatement. It is a sordid situation. Shocking stories from the oil and gas sector continue to hit the news. Rather than being numbed by the monstrous pillaging
23 Oct
A little over a year after the passage of the Petroleum Industry Act (PIA), the sector has remained in crutches, yoking under the weight of gross inefficiencies that have plagued it for several years...
21 Oct
The Federal Government says the Petroleum Industry Act (PIA) 2021 clearly provides for a healthy and environmentally conscious workforce and a safe workplace for businesses to thrive in the oil and gas industry.


1 day ago
The EU's foreign policy chief Josep Borrell said on Sunday that Brussels was ready to impose new sanctions on Belarus if Minsk were to host Russian nuclear weapons.
1 day ago
The National Agency for Food and Drugs Administration and Control (NAFDAC) has alerted Nigerians to the recalled EzriCare and Delsam Pharma Artificial Tears eye drops.
1 day ago
The Sports Writers Association of Nigeria (SWAN), Anambra chapter, has congratulated Prof. Chukwuma Soludo on his one year anniversary in office as governor of the state.
1 day ago
A socio-political group, Us4Us Movement, has canvassed the support of the national leadership of the All Progressive Congress (APC) for Sen. Godswill Akpabio to be become the 10th Senate President.
1 day ago
Vice President Yemi Osinbajo will on Sunday depart Abuja for London, UK, where he will deliver a public lecture at King’s College, London.