Sales of Crude Oil Rise by 46% to N21tn - NBS Nigeria’s crude oil sales rose by 46.41 per cent to push Nigeria’s total export to N26.79tn in 2022. This is as total trade rose by 31.79 per cent from N39.75tn in 2021 to N52.39tn in...

Effects of the Petroleum Industry Act, by Salisu Na'inna Ɗambatta The Petroleum Industry Act (PIA) 2021, which has lingered for around 20 years as it went through the porocess of enactment is now being assidiously implemented by the Federal Government through the Mele Kyari-led NNPC...

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...

Petroleum: Ministry Moves To Attract Fresh US Investments   The Ministry of Petroleum Resources is looking to attract more investments from the United States and strengthen cooperation in the energy sector. The Minister of State for Petroleum Resources, Chief Timipre Sylva, was part of the Nigerian delegation...

NDPR Expands Modular Refinery Capacity By 5,000bpd   The Niger Delta Petroleum Resources Limited, a subsidiary of Niger Delta Exploration and Production Plc, has expanded its maiden 1,000 barrels per day diesel topping refining plant, a modular refinery, with an additional 5,000bpd, the Department of Petroleum...

PTDF Deny Link With Petroleum Development Fund   The Petroleum Technology Development Fund has said it has no link with the Petroleum Development Fund. PTDF is an agency of the Federal Government under the Federal Ministry of Petroleum Resources. It also warned interested scholars who usually applied for...