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Tag "oil and gas"

DPR oil dispute resolution centre commences operation

    DPR oil dispute resolution centre commences operation

The Department of Petroleum Resources (DPR) says its oil and gas alternative dispute resolution centre (ADRC) has commenced operation with the first case resolved. Paul Osu, DPR’s head of public

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NEITI, CAC to name actual owners of oil and gas assets

    NEITI, CAC to name actual owners of oil and gas assets

The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Corporate Affairs Commission (CAC) are set to establish a joint coordination committee to disclose real owners of oil, gas and mining

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Export revenue declined by 45.87% to $2.62bn in 2020, says NNPC

    Export revenue declined by 45.87% to $2.62bn in 2020, says NNPC

The total revenue generated by the Nigerian National Petroleum Corporation (NNPC) from crude oil and gas exports fell from $4.84 billion in 2019 to $2.62 billion in 2020. This is

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Sylva: PIB will end blame game in oil and gas sector

    Sylva: PIB will end blame game in oil and gas sector

The federal government says the petroleum industry bill (PIB) will end the blame game in Nigeria’s oil and gas sector. Over the years, the Nigerian government has been criticised for

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Seplat Petroleum: A bad year in the making

Seplat Petroleum Development Company Plc is facing a sudden change in fortunes from a five-year profit high of N85 billion

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Report: Senate to receive PIB next week

  Report: Senate to receive PIB next week

The presidency has finalised plans to submit the petroleum industry bill to the senate next week, Reuters is reporting. According

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Nigerians must see crisis in oil sector as an ‘avenue for reforms’

  Nigerians must see crisis in oil sector as an ‘avenue for reforms’

Despite the current crisis in the petroleum sector occasioned by a slide in crude oil prices, industry experts and policy

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INTERVIEW: RemTrack will shine the light on darkness in extractive industry, says OrderPaper ED

  INTERVIEW: RemTrack will shine the light on darkness in extractive industry, says OrderPaper ED

Available records show Nigeria’s crude oil production capacity stands at 2.2 million barrels per day even as the country has traditionally

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Group asks n’assembly to improve oversight on oil and gas sector

  Group asks n’assembly to improve oversight on oil and gas sector

OrderPaper Advocacy Initiative (OAI), a legislative interface platform, has asked the national assembly to step up its oversight on the

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UK will be the ‘number one investor in Africa by 2022’

  UK will be the ‘number one investor in Africa by 2022’

Catriona Lang, United Kingdom high commissioner to Nigeria, says her country is planning to increase its investment opportunities in Nigeria.

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