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Tag: Petroleum Industry Act (PIA).

23 Refineries Licensed in Four Years – NMDPRA

23 Refineries Licensed in Four Years - NMDPRA   In the last four years of the enactment of the Petroleum Industry Act (PIA), the Federal Government has issued 23 licenses to proposed refineries to establish their operations. Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed this...

‘No New Development in Oil & Gas Since PIA Approval in 2021’ – AEC

'No New Development in Oil & Gas Since PIA Approval in 2021' - AEC The African Energy Chamber (AEC) in its State of African Energy report has revealed that since the Petroleum Industry Act (PIA) 2021 was signed into law by President Muhammadu Buhari, no...

Nigeria and the New NNPC

Nigeria and the New NNPC By Reuben Abati This day, July 19 should go down as a special moment in the economic history of Nigeria – the day when the country’s main vehicle for economic survival, the Nigerian National Petroleum Corporation (NNPC) is officially unveiled by...