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Tag "Petroleum Industry Act"

Gbenga Komolafe has required experience to lead upstream commission, says analyst

Gbenga Komolafe, the recently nominated chief executive officer (CEO) of the Nigerian Upstream Regulatory Commission, has been described as an expert with the required experience to lead the commission. On

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Buhari asks n’assembly to amend PIA, cites unbalanced geopolitical representation

    Buhari asks n’assembly to amend PIA, cites unbalanced geopolitical representation

President Muhammadu Buhari has asked the national assembly to amend the recent Petroleum Industry Act (PIA), citing unbalanced geopolitical representation. Buhari’s request was contained in a letter read by Senate

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Trade minister inaugurates committee to review Petroleum Industry Act

    Trade minister inaugurates committee to review Petroleum Industry Act

Niyi Adebayo, minister of industry, trade and investment, has inaugurated a technical committee to review the Petroleum Industry Act (PIA) and its implications on the statutory responsibilities of the ministry.

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With gas flare and remediation payments, host communities to enjoy more benefits in PIA

    With gas flare and remediation payments, host communities to enjoy more benefits in PIA

The Petroleum Industry Act (PIA) grants host communities more financial benefits than the 3 percent allocation from the actual annual operating expenditure of oil companies. The host community section of

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PIA: FG reverses exclusive petrol importation rights for Dangote, BUA

  PIA: FG reverses exclusive petrol importation rights for Dangote, BUA

The Petroleum Industry Bill signed into law by President Muhammadu Buhari has reversed an exclusive right for holders of local

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Osinbajo: Petroleum Industry Act will transform Nigeria’s energy sector

  Osinbajo: Petroleum Industry Act will transform Nigeria’s energy sector

Vice-President Yemi Osinbajo says the Petroleum Industry Act and the country’s energy initiatives will help transform Nigeria into a gas-based

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NNPC Limited to be incorporated Feb 2022 — timeline for PIA implementation

  NNPC Limited to be incorporated Feb 2022 — timeline for PIA implementation

The federal government has set timeline for the implementation of the Petroleum Industry Act (PIA). This followed the inauguration of

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PIA: Petrol price won’t change until negotiation with labour concluded, says PPPRA

  PIA: Petrol price won’t change until negotiation with labour concluded, says PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) says the signing into law of the Petroleum Industry Bill does not translate

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30% frontier exploration not from NNPC profit… energy analyst clarifies five misconceptions in PIA

  30% frontier exploration not from NNPC profit… energy analyst clarifies five misconceptions in PIA

The signing into law of the Petroleum Industry Bill (PIB) by President Muhammadu Buhari has continued to elicit different reactions

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PIA: Beyond fanfare and reservations

  PIA: Beyond fanfare and reservations

BY MON-CHARLES EGBO At last, the tortuous journey to strengthen Nigeria’s oil and gas sector came to an end with

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