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PPPRA to Blacklist Indicted Fuel Marketers

As part of the ongoing sanitisation of the downstream sector of the oil and gas sector, the Petroleum Products Pricing Regulatory Agency (PPPRA) may blacklist oil- ... Full story

OPEC: Stable Oil Price, Good for Producers, Consumers

Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Abdalla Salem El-Badri, has highlighted the importance of a stable price for both ... Full story

Experts Fret over Nigeria’s Declining Oil Reserves

Oil and gas industry experts at the first Energy Policy Strategy Session organised by Emerald Energy Institute for Energy Economics, Policy and Strategic ... Full story

Ogoni Oil Spill: FG Set to Implement Cttee’s Report

The Federal Government is on the verge of implementing recommendations by a special team, which it set up last year to review the United Nations ... Full story

PIB: Oil Communities to Incur Costs of Vandalism, Sabotage

The Federal Government is to deduct the cost of any damage on oil and gas facilities caused by an act of vandalism, sabotage or any other civil unrest, from the ... Full story

Madueke highlights PIB goals to Jonathan

The Petroleum Industry Bill (PIB) is meant to change everything from fiscal terms to overhauling the Nigerian National Petroleum Corporation (NNPC), promote ... Full story

PIB to free local oil producers from quota restriction

Details of the new Petroleum Industry Bill submitted weekend to President Goodluck Jonathan by the Minister of Petroleum Resources, Diezani Alison-Madueke, ... Full story

Fed Govt pays N2.19tr subsidy cash

Should the Nigeria National Petroleum Corporation (NNPC) keep a secret crude oil foreign account? ... Full story

New PIB seeks more funds to develop oil areas

THE years of neglect of oil communities may soon give way to an era of massive development in oil communities as the draft Petroleum Industry Bill (PIB) ... Full story

76 Oil Wells: Tension Mounts Between A'Ibom, C'River

Less than three weeks for the Supreme Court to deliver judgement on the ownership of the disputed 76 oil wells, tension has begun to mount in Akwa Ibom and Cross River States. ... Full story

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