Day: October 25, 2023

Court Dismisses Suit by Mobil Against NMDPRA, affirming Authority’s Power to regulate operations of IOCs

The Hon. Justice Inyang Ekwo of the Federal High Court sitting in Abuja has dismissed a lawsuit brought by Mobil Producing Nigeria Unlimited (Mobil) against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

Mobil had approached the court to challenge the competence of NMDPRA to regulate certain aspects of its operations like butane lifting which it maintained were integrated to its Oil Mining Leases (OMLs) and thus within the exclusive regulatory purview of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).… Read the rest

PIA bridging infrastructure gap in gas sector, says govt

The Federal Government, yesterday, said implementation of the Petroleum Industry Act (PIA) 2021 was yielding positive results in the area of addressing the infrastructure decay that had long plagued the gas sector.

Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, revealed this at the Second Domestic Gas and Gas Infrastructure Summit, with the theme, “Building a Sustainable, Resilient Gas and Renewable Energy Sector in Nigeria and Beyond,” organized by the Abuja Chamber of Commerce and Industry (ACCI) in the Federal Capital Territory (FCT).… Read the rest

Senate investigates N11.35trn turnaround maintenance on refineries

The Senate has tasked its ad- hoc committee to investigate all contracts awarded for rehabilitation of all state owned refineries from 2010 to 2023.

This followed the adoption of a motion on “Urgent need to investigate various turnaround maintenance projects of Nigerian refineries, to uncover waste and forestall further waste of scarce public resources, by Sen. Karimi Sunday ( APC- Kogi) at plenary on Tuesday.… Read the rest

FG tasks oil experts on solutions to local industry challenges

The Federal Government has tasked oil and gas experts to proffer permanent solutions to challenges ranging from low productivity, oil theft, pipeline vandalism, and gas flaring in the local oil industry.

Sen. Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), made the call on Monday in Abuja, at the opening of the third Biennial International Conference on Hydrocarbon Science and Technology (ICHST 2023).… Read the rest