The Director and Chief Executive Officer, Department of Petroleum Resources, Engr. Sarki Auwalu, has called on stakeholders in the Petroleum Industry to work together to ensure a smooth take-off in the implementation of the Petroleum Industry Act (PIA). Auwalu made…
… Act to boost oil reserves from 37bbpd to 40bbpd The Petroleum Industry Act (PIA) will assist Nigeria in increasing its oil production to 4 million barrels per day, the Minister of State for Petroleum Resources, Timipre Sylva, has said.…
The Bayelsa State Governor, Douye Diri has described the Petroleum Industry Act (PIA) as evil and oppressive to the people of the Niger Delta. Diri who stated this on Sunday maintained that the three per cent allotted to host communities…
Vice President Yemi Osinbajo, says the Petroleum Industry Act (PIA), Nigeria’s gas initiatives, will help transform Nigeria into a gas-based industrialised nation. The Vice president said the PIA would also create a better-managed petroleum industry with more value addition for…
… Say internal mechanism be adopted to mend perceived grey areas By Uthman Salami Critical stakeholders in the oil and gas industry have disagreed with the position of the Nigerian Governors Forum (NGF) over the newly assented Petroleum Industry Bill…
…says no sack of oil workers …to finalize implementation in 12 months By Uthman Salami The Federal Government has concluded plans to unveil roadmap for removal of subsidy completely on Premium Motor Spirit (PMS) during the implementation Petroleum Industry Act…
The National Association of Chambers of Commerce Industry Mines and Agriculture under through the Organised Private Sector (OPS) has asked the Federal Government to allow for a structured and disciplined implementation of the Petroleum Industry Act (PIA) in order to…
President Muhammadu Buhari has approved a committee to immediately commence the implementation of the Petroleum Industry Act (PIA). The steering committee, which has 12 months duration for the assignment, is headed by the Minister of State for Petroleum Resources, Timipre…
