PIB: FG Plans Single Regulator For Midstream, Downstream Sectors       The Federal Government plans to set up Nigerian Midstream and Downstream Petroleum Regulatory Authority to regulate operators in the midstream and downstream oil industry, under the new Petroleum Industry Bill (PIB). The new PIB is currently before...

NNPC Reiterates Commitment To Deepen Reforms In Downstream Sector   The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to entrench downstream competitiveness using innovation and information technology. The Chief Operating Officer Downstream, NNPC, Mr Adeyemi Adetunji, made this assertion while declaring open the 13th Oil...

NNPC Blocks Leakages Worth N307bn Yearly In Downstream Sector The Nigerian National Petroleum Corporation says it has blocked leakages in the country’s oil and gas downstream sector valued at $1bn (N307bn at the official exchange rate of N307 to a dollar) per annum. The corporation said...