Nigeria: Senate to Investigate Implementation of Petroleum Industry Act
[Premium Times] The Senate noted that the PIA implementation had yet to produced any workable coordination or clearing house by which NNPCL, regulators and oil producing companies, coordinate to ensure vital petroleum sector changes.
Nigeria: P&ID – UK Court Clears Nigerian Lawyer of Wrongdoing
[Premium Times] For years, during the litigation in the United Kingdom, the Nigerian government and its lawyers accused Mr Shasore of not pursuing the government's case diligently.
Nigeria: Oil Theft – Navy Deploys 10 Warships, Helicopters to Nigeria’s Waters
[Premium Times] The Nigerian authorities have been struggling to curb oil theft in the Niger Delta region.
Ghana: Upstream Petroleum Sector – Deputy Speaker Slams Low Local Input …After 10 Years of Local Content Law Passage
[Ghanaian Times] The First Deputy Speaker of Parliament, Joseph Osei-Owusu, has charged the Petroleum Commission (PC) to ensure that many Ghanaians are trained to actively participate in Ghana's upstream petroleum sector.
Nigeria: Oil Theft – 149 Incidents Recorded Across Niger Delta in One Week – NNPCL
[Premium Times] "In some areas of the Niger Delta, it's become a warfare of sorts," the NNPCL said.
Nigeria: Senate Investigates N11.35trn Spent On Moribund Refineries
[Leadership] The Senate has commenced investigation of all the contracts awarded for the rehabilitation of Worri, Port Harcourt and Kaduna refineries where N11.35 trillion was spent in 13 years.
Nigeria: Nigerian Govt Seeks Home-Grown Solutions to Address Petroleum Industry Challenges
[Premium Times] "My expectation is for us to come up with our home-grown solution to address our problem in the petroleum industry," an official said.
Nigeria: Senate Probes N11.35 Trn Spent On Rehabilitation of Refineries
[Premium Times] The Senate noted that despite the moribund state of the nation's four refineries, their operating costs between 2010 and 2020 were estimated at N4.8 trillion Naira.
Nigeria: Tanker Accidents Must Be Checked
[Daily Trust] On the night of October 13, 2023, an accident occurred on the Iganmu Bridge in Lagos. It was not the first time an accident would be occurring on that very spot, but the most recent one is significant, albeit for the reason that made it a tragedy. In this particular accident, where a petro-laden tanker exploded on the bridge, 11 vehicles - two tankers, one tipper truck, three trailers, three cars and two mini buses known locally as korope - were involved.
Nigeria: Subsidy Removal, Exchange Rate Unification Have Achieved Desired Objectives – Tinubu
[Vanguard] Amidst the inflationary impact of the removal of petrol subsidy, President Bola Tinubu has indicated that the measure has achieved desired objectives.