The Group General Manager, National Petroleum Investment Management Services (NAPIMS), Bala Wunti, has said that the operationalisation of the Petroleum Industry Act will revolutionise the oil and gas industry.

Member representing South-South geopolitical zone in the Nigerian Extractive Industry Transparency Initiative (NEITI) Board, Awowo Christian has said there will be improved development expected in the country with the creation of the different development funds by the President Mohammadu Buhari-led administration. He made this known while speaking on his appointment into the Board and the…

August 16, 2021, marked what has been described as an end to several years of uncertainty and stagnation in the petroleum industry. The Petroleum Industry Act (PIA) was signed into law by President Muhammadu Buhari.

President Muhammadu Buhari has renewed the determination of his administration to uplift the quality of life of Nigerians through aggressive implementation of humane and gender responsive budget as well as security measures to check criminal activities in the country.

Oil and gas industry experts believe that while the proportion of budget funded by the oil and gas sector directly is significant, Petroleum Industry Act (PIA) provisions in the fiscal framework with budget funding implications are quite glaring.

A Niger Delta group, the Youths and Environmental Advocacy Centre (YEAC) have urged President Muhammadu Buhari to consider the demands of host communities and the Niger Delta region

Barely one month after assenting to the Petroleum Industry Act (PIA) 2021, President Muhammadu Buhari is asking the Senate to amend the act that was passed by the National Assembly on July 1.

The Senate, yesterday, gave a marching order for the expeditious implementation of the Petroleum Industry Act (PIA).

Major operators in the downstream sector have stated that a new agenda that aligns with the development and utilisation of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas

The Ministry of Industry, Trade and Investment has frowned at the recently enacted Petroleum Industry Act (PIA) stating that it tampered significantly with some statutory roles of the Ministry.

Senate Committee Chairman on Public Accounts, Matthew Urhoghide, yesterday, said an amendment to the Petroleum Industry Act (PIA) would be carried out by the Senate

The judiciary has been charged to thoroughly enforce the implementation of the Petroleum Industry Act (PIA) 2021.