Tag: Petroleum Industry Act

Nigeria’s local refining sector failed to utilise crude oil worth an estimated $3.13 billion in the first quarter of 2026, ...

Nigeria’s oil sector faced a major setback in the first quarter of 2026, as disagreements over crude oil pricing significantly ...

The Nigerian Upstream Petroleum Regulatory Commission has raised daily oil production to 1.84 million barrels, a development that aligns fully ...

The federal government has initiated a sweeping overhaul of petroleum revenue management, with Finance Minister Wale Edun signaling a potential ...

The Federal Government has officially approved a strategic transition period for the implementation of direct petroleum revenue payments into the ...

In a decisive move to consolidate Nigeria’s oil and gas earnings, President Bola Tinubu has signed a new executive order ...

Nigeria’s landmark Petroleum Industry Act (PIA) has fundamentally altered the continent’s energy landscape by significantly reducing the risk premium demanded ...

For decades, Nigeria’s economic narrative has been inextricably linked to the fortunes of crude oil. As the nation’s primary source ...

A citizens' advocacy group operating under the banner of the Citizens Connect Conference has publicly applauded President Bola Ahmed Tinubu's ...