Federal Government Issues 23 Refinery Licenses, Poised to Add 850,000bpsd to Domestic Capacity
In the four years since the Petroleum Industry Act (PIA) was enacted, the Federal Government has issued 23 licenses to ...
Tag: Petroleum Industry Act (PIA)
Nigeria’s Oil Sector Sees 762% Surge in Rig Count , $40bn Investments Four Years After PIA
Nigeria’s upstream oil and gas sector is experiencing a significant revival, with a 762 per cent jump in rig count, ...
Nigerian Crude Steadies as Global Oil Market Awaits US-Russia Agreement Outcome
Nigeria’s Bonny Light crude closed at $68.85 a barrel, barely breaking a six-session losing streak, as global investors weighed the ...
NUPRC’s Reforms Strengthen Nigeria’s Oil and Gas Sector Amid Challenges
A recent report by the Renewed Hope Ambassadors Network (RHAN) has highlighted significant progress made by the Nigerian Upstream Petroleum ...
Nigerian Government Urges Patience as $30 Billion Foreign Investments Enter Nigerian Economy
President Bola Ahmed Tinubu has called on Nigerians to be patient with his administration, as his economic reforms have attracted ...
