Search Result for: pib
Multi-million dollars bribe to pass PIB: Allegation unwarranted, unprovable, false and fake information – Senate President
Against the backdrop of bribe scandal trailing the passage of the Petroleum Industry Bill (PIB), the Senate President, Dr Ahmad Lawan,...
PIB: 17 Southern governors back Edwin Clark, reject 30 per cent allocated for oil exploration in the North
“The forum rejects the ownership structure of the proposed Nigeria National Petroleum Company Limited” “The Forum disagrees that the company be...
Clark rubbishes PIB, calls it unjust, embarrassing
“The provision that allocated a huge 30% of profits for further frontier oil exploration in the North was a source of concern,...
BREAKING: At last, Nigerian Senate passes Petroleum Industry Bill (PIB)
After a decade-long log-rolling and politicisation of the bill, the Senate on Thursday passed the Petroleum Industry Bill (PIB). The bill had...
Passage of Petroleum Industry Bill (PIB) critical to the sector, attract investments, says Kyari
The passage of the Petroleum Industry Bill (PIB) will help resolve issues of fiscal terms in the Production Sharing Contracts (PSC),...
PIB: VP Osinbajo tasks stakeholders on producing cheaper oil, competitive environment
Ahead of the passage of the Petroleum Industry Bill (PIB), Vice-President Yemi Osinbajo (SAN) has urged stakeholders in the oil and...
NNPCL’s post-PIA consolidation deals, crude oil production benchmark, foreign investment, freeing the entity from govt. control: An assessment
Prior to the inauguration of the Petroleum Industry Bill (PIB) and its signing into law, the nation’s oil industry was a cesspool...
NNPCL And Appropriateness Of The Transitions Within
by Engr Opeyemi Omolade The defunct Nigerian National Petroleum Corporation (NNPC) has undergone a series of transitions from its old order to...
NNPC’s signing of new PSCs‘ll unlock opportunities in Upstream Sector, boost Direct Foreign Investment inflow
Barely a month after the unveiling of Nigerian National Petroleum Company Ltd (NNPC Ltd) by President Muhammadu Buhari, the company on Saturday...
2021 in review: the good, the ugly, the tragedies
Like every other year in Nigeria, the year 2021 was not turmoil-free; it has its ups and downs. As Nigerians put...
Yuletide: Petroleum Minister urges love among Nigerians
As Nigerians commemorate Christmas, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has urged them to eschew bitterness and...
PIA will bolster Nigeria’s oil & gas industry, promote transparency, attract capital flows — Wunti
With the operationalization of the Petroleum Industry Act (PIA), Nigeria’s oil and gas industry is set for a revolution, so says the...
Nigeria boasts of 36bn barrels of crude oil reserves, 200 trn cubic feet of gas as NNPC commits to country’s energy sector success
“With its strategic presence at the event, Nigeria is set to consolidate its position as one of Africa’s top oil and gas...
NNPC hand in glove with Buhari’s vision to make Nigeria Africa’s oil refining hub, reduce petroleum products importation — Kyari
The Nigeria National Petroleum Corporation (NNPC) is irrevocably committed to the Buhari administration’s vision of making Nigeria the refining hub in Africa, towards...
Buhari lauds Nigeria’s 5.01 per cent GDP growth in Q2 2021
By Ajuma Edwina Ameh President Muhammadu Buhari has hailed the recent report by the Nigerian Bureau of Statistics (NBS), showing a...
PIA will transform Nigeria to hub of business opportunities, promote corporate governance in oil and gas industry, says NNPC GMD, Kyari
The Petroleum Industry Act (PIA) just accented to by President Muhammadu Buhari will transform the nation’s petroleum industry into a hub of...
