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Tag "oil and gas"

Reps ask oil companies to provide evidence of N2.6trn tax, royalty payments

    Reps ask oil companies to provide evidence of N2.6trn tax, royalty payments

The house of representatives has asked oil and gas companies with outstanding debts owed to the federal government to present evidence of taxes, royalties and levies. Nkeiruka Onyejeocha, chairperson, ad-hoc

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Fraud: Nigeria, UK sign MoU on transfer of £210k compensation from energy company

    Fraud: Nigeria, UK sign MoU on transfer of £210k compensation from energy company

The United Kingdom has signed a memorandum of understanding (MoU) with Nigeria on the transfer of £210,610 compensation from a UK energy company.  Vicky Ford, UK minister for Africa, announced

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Soot and our collective conscience (2)

    Soot and our collective conscience (2)

Last week, in this column, we looked at the scientific, social, economic, and environmental challenges of soot in Rivers state, as representative of what is happening in the whole country.

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Gas commercialisation: Liberalised pricing discouraging FG’s call for investors

    Gas commercialisation: Liberalised pricing discouraging FG’s call for investors

BY AKEEM AKINNIYI As 2022 beckons, the Nigerian government seems prepared to grow the economy using gas with the revelation of a new oil law. This is evident in the

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Biden orders probe of oil companies over ‘illegal conduct’ in high fuel prices

  Biden orders probe of oil companies over ‘illegal conduct’ in high fuel prices

President Joe Biden has asked the federal trade commission (FTC) to launch an investigation into possible illegal conduct by oil

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DPR: FG’s plan to boost oil, gas reserves on course

  DPR: FG’s plan to boost oil, gas reserves on course

The Department of Petroleum Resources (DPR) says the federal government’s plan to increase the nation’s oil and gas reserves is

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PwC: Petroleum Industry Act will attract investors to Nigeria, strengthen naira

  PwC: Petroleum Industry Act will attract investors to Nigeria, strengthen naira

PricewaterhouseCoopers (PwC) says the Petroleum Industry Act (PIA) will attract more investments to the Nigerian oil and gas sector. Uyi

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Modular refinery programme on course, says Sylva

  Modular refinery programme on course, says Sylva

Timipre Sylva, minister of state for petroleum resources, says the modular refinery programme to boost boost local production of crude oil

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The future of oil and gas in Nigeria: Renewed obligations from private sector

  The future of oil and gas in Nigeria: Renewed obligations from private sector

BY MOHAMMED METTEDEN From catalysing oil and gas potential to optimising gas production, diversifying consumption, and addressing gas flaring challenges,

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Barkindo: Calls for divestment in oil and gas industry irresponsible

  Barkindo: Calls for divestment in oil and gas industry irresponsible

Mohammed Barkindo, secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), has described calls to withdraw investments from the oil

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