Monday, 27th March 2023
Breaking News:


29 Dec 2021
Drama, intrigue and mixed feelings are a few words that best describe the energy sector in Nigeria in 2021, considering the lingering face-off between labour and government
10 Dec 2021
The Federal Government has said that it will carefully scrutinise oil companies bidding for the takeover of assets that Shell and other oil majors are divesting in the country.
9 Dec 2021
Mallam Mele Kyari, Chief Executive Officer, Nigerian National Petroleum Company (NNPC), says the newly passed Petroleum Industry Act (PIA) will attract more business Investments in Nigeria.
24 Nov 2021
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.
22 Nov 2021
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…
15 Nov 2021
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.
10 Oct 2021
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.
7 Oct 2021
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.
23 Sep 2021
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
22 Sep 2021
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.
15 Sep 2021
The Senate, yesterday, gave a marching order for the expeditious implementation of the Petroleum Industry Act (PIA).
10 Sep 2021
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


6 mins ago
After a surprise victory over the Super Eagles on Friday, Guinea Bissau are confident of another shocker in the second-leg encounter, which holds today.
9 mins ago
When he was found guilty and sentenced to death by the military tribunal that tried him and others for allegedly planning a coup to oust the maximum ruler, General Sani Abacha, from office, many thought that was going to be his end.
11 mins ago
Over the last ten years, Nigeria has made progress toward a cashless economy, intending to lower the rate and high cost of cash handling, expand financial inclusion, and foster transparency.
14 mins ago
Super Falcons’ Head Coach, Randy Waldrum, has called up team captain, Onome Ebi, and forwards, Asisat Oshoala and Rasheedat Ajibade, to camp ahead of next month’s international friendly matches in Turkey.
17 mins ago
The Ohanaeze Ndigbo, yesterday, said it would resist every attempt to give the 2023 presidential election ethnic colouration.