Asides a proposal for NNPC, PPPRA, PEF scrapping, new PIB gives more power to oil, finance ministers, cuts down powers for DPR, others     President Muhammadu Buhari has transmitted the much-awaited Petroleum Industry Bill (PIB) 2020 to the National Assembly and has proposed the creation of the Nigerian NationalRead More

Minister of State for Petroleum, Timipre Sylva has demised media reports that the new draft Petroleum Industry Bill (PIB) sent to National Assembly has recommended scrapping of the NNPC. The minister allayed the fears while fielding questions from journalists at the National Assembly after an interactive session with the leadershipRead More

Nigeria Labour Congress and the Trade Union Congress have suspended the strike earlier scheduled to commence today (Monday). The latest development followed an agreement organised labour reached with the Federal Government at a meeting held on Sunday night into the early hours of today. The strike was suspended after theRead More

  The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the development and commercialization of gas from the Oil Mining Lease (OML) 143 that could help reduce gas flaring in the country.   Speaking at the agreement signing ceremony whichRead More

CSR: Total JV commissions model secondary school, Otu-Jeremi, Delta state Borne out of the need to mitigate the gaps in qualitative and technical education, maternal and child health, access to clean water, and women & youth empowerment, French oil giant, Total Upstream and Joint Venture partners have commissioned a newlyRead More

In order to achieve the target of reducing the cost of oil production in Nigeria on a sustainable basis, the Nigerian National Petroleum Corporation, NNPC says indigenous companies operating in the nation’s oil and gas sector must upscale their capacity for global competitiveness.   The Group Managing Director of NNPC,Read More

Nigeria’s oil industry regulator, the Department of Petroleum Resources (DPR), has declared that it remitted $1.03billion to Federation Account from oil and gas royalties and legacy debts.   The DPR, which said this in a statement made available to Platforms Africa, quoted its Director, Sarki Auwalu, to have said thatRead More

The federal government has assured private investors in the National Gas Expansion Programme, NGEP of sanctity of contract, saying it would not “change game midway”.   While speaking on NTA’s ‘Good Morning Nigeria’ on Tuesday, Engr. Justice O. Derefaka, Technical Adviser on Gas Business & Policy Implementation to the MinisterRead More

  Shell-funded impact investment company All On is pleased to announce a $1.5m investment in Auxano Solar Nigeria Limited to scale its operations over the next five years. “This investment would guarantee the expansion of Auxano’s solar panel assembly capacity by over 50 percent and is a great win forRead More

Nigeria’s Minister of State for Petroleum Resources, Chief Timipre Sylva will lead a host of other high level speakers and panellists at this year’s International Energy Health Safety and Environment (IEHSE) Summit. The event, with the theme: Collaborating for an Energy Safe Nigeria will hold virtually from 12noon to 3pmRead More