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Tag:Petroleum Industry Act (PIA)

NNPC/Chevron JV concludes conversion of assets into PIA terms

In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC...

Group calls for review of Petroleum Industry Act 2021

The Connected Development (CODE), a non-governmental organisation (NGO), has called for the review of the Petroleum Industry Act (PIA) 2021 to ensure that host...

NNPC hides under PIA to frustrate disclosure, accountability – MAWA-Foundation

Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard for accountability, says it...

Oil, gas assets can only be transferred in accordance with PIA – Komolafe

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that Oil and Gas assets in Nigeria can only be transferred in accordance with the...

Subsidy removal, PIA, EVs preparing environment for green cars – NACETEM official

National Centre for Technology Management (NACETEM) official, Dr Abubakar Kazeem, says emergence of electric vehicles (EVs), government efforts at reducing gasoline and subsidy removal...

Activists fear PIA, oil company divestments will further impoverish Niger Delta

Health of Mother Earth Foundation (HOMEF) and We the People invited Niger Delta communities and civil society activists to a daylong conversation on the...

Group describes penalties for gas flaring under PIA as too weak

Health of Mother Earth Foundation (HOMEF), an environmental advocacy group, has observed that the penalty for gas flaring as contained in the Petroleum Industry...

Niger Delta fishermen applaud Buhari on assent to PIB

The Artisanal Fishermen Association of Nigeria (ARFAN) has commended President Muhammadu Buhari for signing the Petroleum Industry Bill (PIB) into law. Mr Samuel Ayadi, the...

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Govt assures Nigerians of adequate promotion of low sulphur, CNG

The Federal Government has assured Nigerians and all key stakeholders of adequate promotion of Low Sulphur Fuels and Compressed Natural...
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Dangote Refinery reduces petrol price to N970 per litre

The Dangote Refinery on Sunday, November 24, 2024, announced reductions in the price of petrol. The petrol, which was sold...

Oil industry leaders converge on Yenagoa for 13th Practical Nigerian Content Conference

A long list of oil industry leaders, ministers of the federal republic, national assembly members, as well as oil...

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Govt assures Nigerians of adequate promotion of low sulphur, CNG

The Federal Government has assured Nigerians and all key...

Dangote Refinery reduces petrol price to N970 per litre

The Dangote Refinery on Sunday, November 24, 2024, announced...
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