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Tag "Oil and Gas industry"

FG will continue to provide interventions in oil, gas industry, says Tinubu

    FG will continue to provide interventions in oil, gas industry, says Tinubu

President Bola Tinubu says his administration will continue to provide the needed interventions in the oil and gas industry in line with the provisions of the Petroleum Industry Act (PIA).

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Subsidy removal, PH refinery — major events that shaped Nigeria’s oil industry in 2023

    Subsidy removal, PH refinery — major events that shaped Nigeria’s oil industry in 2023

Sometimes all was calm. The other times it was chiefly turbulent. But irrespective of the period of disruptions, the Nigerian oil and gas industry experienced a rollercoaster in 2023 with

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NEITI: NNPC didn’t remit $2bn to FG before transitioning to commercial entity

    NEITI: NNPC didn’t remit $2bn to FG before transitioning to commercial entity

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the defunct Nigeria National Petroleum Corporation (NNPC) did not remit $2 billion to the federation account in 2021 before transitioning to a

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FG to launch $50m research fund for oil, gas industry Sept 9

    FG to launch $50m research fund for oil, gas industry Sept 9

Timipre Sylva, minister of state for petroleum resources, will launch the $50 million research and development (R&D) fund utilisation protocol for the oil and gas industry. Simbi Wabote, Nigerian Content

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DPR mulls economic recovery programme for petroleum industry

  DPR mulls economic recovery programme for petroleum industry

The Department of Petroleum Resources (DPR) says it is formulating a maximum economic recovery (MER) programme, aimed at strengthening the

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NCDMB, NEXIM Bank deploy $40m intervention fund for women in oil sector

  NCDMB, NEXIM Bank deploy $40m intervention fund for women in oil sector

The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with the Nigerian Export-Import (NEXIM) Bank has launched a $40

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Delay in PIB passage threatening oil industry, says Okowa

  Delay in PIB passage threatening oil industry, says Okowa

Ifeanyi Okowa, governor of Delta state, says delay in the passage of the petroleum industry bill (PIB) is a threat

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