Oil and Gas

Enforcement of safety standards tapped as solution to oil vessel explosion

ENFORCEMENT of safer operational standards has been identified as a key way of averting oil vessel explosions in Nigeria. Following...

Former NNPC official faults presidency’s move to give crude refining right to ‘oil thieves’

A FORMER Group Executive Director for Refineries and Petrochemicals at the Nigeria National Petroleum Corporation (NNPC) Afolabi Oladele has...

Presidency says graduates of petroleum institutes driving illegal refining

THE presidency, on Tuesday, said that graduates of petroleum institutes were driving illegal refining of petroleum products. The government also...

NNPC secures $5bn from Afreximbank to drive investments in oil sector

DESPITE delayed kick-off of the implementation of the Petroleum Industry Act, (PIA), the Nigerian National Petroleum Company (NNPC) Ltd...
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Analysts ask FG to adopt phased removal of fuel subsidy

ON the heels of postponement of fuel subsidy removal, the Nigerian Association of Chambers of Commerce, Industry, Mines and...

FG to amend PIA to make room for fuel subsidy removal, says Sylva

THE Federal Government, on Tuesday, said it would be approaching the National Assembly with a proposed amendment on the...

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