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Tag:Petroleum Industry Act (PIA)

NNPC/Chevron JV concludes conversion of assets into PIA terms

In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC...

Group calls for review of Petroleum Industry Act 2021

The Connected Development (CODE), a non-governmental organisation (NGO), has called for the review of the Petroleum Industry Act (PIA) 2021 to ensure that host...

NNPC hides under PIA to frustrate disclosure, accountability – MAWA-Foundation

Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard for accountability, says it...

Oil, gas assets can only be transferred in accordance with PIA – Komolafe

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that Oil and Gas assets in Nigeria can only be transferred in accordance with the...

Subsidy removal, PIA, EVs preparing environment for green cars – NACETEM official

National Centre for Technology Management (NACETEM) official, Dr Abubakar Kazeem, says emergence of electric vehicles (EVs), government efforts at reducing gasoline and subsidy removal...

Activists fear PIA, oil company divestments will further impoverish Niger Delta

Health of Mother Earth Foundation (HOMEF) and We the People invited Niger Delta communities and civil society activists to a daylong conversation on the...

Group describes penalties for gas flaring under PIA as too weak

Health of Mother Earth Foundation (HOMEF), an environmental advocacy group, has observed that the penalty for gas flaring as contained in the Petroleum Industry...

Niger Delta fishermen applaud Buhari on assent to PIB

The Artisanal Fishermen Association of Nigeria (ARFAN) has commended President Muhammadu Buhari for signing the Petroleum Industry Bill (PIB) into law. Mr Samuel Ayadi, the...

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Green Energy, Lekoil seek to strike out suit, vacate ex parte orders

Green Energy International Limited and Lekoil Oil and Gas Investments Limited have filed applications before the Federal High Court...
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Zero-waste economy: Foundation urges methane cut, plastic reduction

The Community Development Advocacy Foundation (CODAF) has called for an urgent reduction of methane and plastic production cuts, to...

Senate seeks special funding for Environment Ministry to tackle erosion, flooding

The Senate has called for provision of special funding for Federal Ministry of Environment to tackle erosion, flooding and...

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Green Energy, Lekoil seek to strike out suit, vacate ex parte orders

Green Energy International Limited and Lekoil Oil and Gas...

Zero-waste economy: Foundation urges methane cut, plastic reduction

The Community Development Advocacy Foundation (CODAF) has called for...
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