Restoring petrol subsidies will ruin the economy
By Bayo Onanuga Alhaji Atiku Abubakar, former Vice President and perennial candidate for the presidency of Nigeria, has finally revealed his economic plans to Nigerians, should he be elected as…
Category: Oil & Gas
Tinubu approves new framework for offshore investment in the oil industry
President Bola Ahmed Tinubu has approved a landmark reform that replaces project-by-project negotiations with a transparent investment framework designed to unlock up to US$50 billion in deep offshore investment and…
Nigeria: Stifling Local Refining Through Intrigues and Policy Somersaults
By Marcel Okeke What has been happening in the downstream sector, and particularly the refining sub-sector, of the Nigerian oil and gas industry in the past couple of years is…
Dangote drags AGF, NMDPRA to Court over Petrol import approvals
Isaac Samuel Fresh tensions are emerging in Nigeria’s downstream oil sector as Dangote Petroleum Refinery filed a fresh lawsuit challenging the continued importation of petrol into the country through licences…
Renewed Push in Nigeria’s Oil and Gas Sector to Buoy Struggling Economy
By Akpandem James It would amount to driving against traffic to suggest that the Nigerian economy has been having a smooth ride. While key indicators show signs of gradual improvement,…
NUPRC-SeaSeis seismic data project and the future of Nigeria’s oil and gas sector
By Akpandem James Recently, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) signed a three-year Petroleum Exploration Licence (PEL) agreement with SeaSeisGeophysical Limited (SeaSeis), authorising the company, in partnership with the…
Oil wells dispute: how far can Gov. Otu go?
By ETIM ETIM Gov. Bassey Otu of Cross River State has been spending a lot of time in Abuja, fighting hard to seize some oil wells from Akwa Ibom State.…
Speed, Reform and Capital: Redefining Nigeria’s Upstream Petroleum Sector
By Akpandem James Speed. That is one of the most critical elements the new Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, is bringing…
President Tinubu nominates Board members for NMDPRA, NUPRC, seeks Senate Confirmation
President Bola Ahmed Tinubu has written two letters to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and…
PENGASSAN and Dangote Refinery: Time for FG to act decisively
By ETIM ETIM By asking members to proceed on industrial action and disconnect gas supply to Dangote Refinery, PENGASSAN has eventually revealed its ulterior motives as a destructive force in…
Sale of crude oil JVs: Is Nigeria Winding Up?
By Umar Sani Nigeria is once again on the brink of another tragic misadventure. The Federal Government, through the Ministry of Petroleum Incorporated (MOPI) and the Ministry of Finance Incorporated…
Reps push tor new agency to oversee oil field shutdowns
Isaac Samuel The House of Representatives is proposing the establishment of a new agency that will be responsible for the decommissioning and abandonment of oil production facilities across the country.…
PRESIDENT TINUBU TO NNPC LIMITED BOARD: I COUNT ON YOUR EXPERIENCE TO TURN THE ECONOMY AROUND
President Bola Tinubu urged the new NNPC board to consolidate the gains of the ongoing economic reforms, which have attracted commendations for the resilience and competitiveness of the Nigerian economy.…
PTDF laments continued retention of trained Nigerian scholars in foreign countries
Patrick Ekpoh Petroleum Technology Development Fund (PTDF) has expressed concern that most of its trained personnel have failed to return to the country after they’ve completed their studies. The commonest…
Dangote Refinery Cut Petrol Price to N865 Per Liter
Following the restoration of Naira-for-crude sale on April 9 by the federal government, the Dangote Refinery has slashed ex-depot petrol’s price to ₦865 per litre. The Dangote Petroleum Refinery reduced…
Can the new NNPCL Board muster courage to tackle critical problems?
Editor-in-chief of Policy & Politics, ETIM ETIM, examines the issues before the new NNPCL Board The new directors of NNPCL appointed by President Bola Tinubu last week has been widely…
Tinubu makes sweeping changes in NNPC Board
…sacks Mele Kyari President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group…