All posts tagged "petroleum resources"
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FG set to revive national shipping carriers
The Federal Government has said it is ready to grant approval to indigenous shipping firms to export crude oil and stem the nation’s huge capital flight. This is coming 17 years after the liquidation of the Nigerian...
- Posted August 27, 2013
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PIB: Governors snub international oil companies
State governors have turned down moves by the International Oil Companies to prevail on them to influence the National Assembly not to pass the Petroleum Industry Bill. Our correspondents gathered on Sunday that the IOCs had stepped...
- Posted August 7, 2013
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“Oil theft impact may last over 20 years” – FG
The country may not recover from the negative impact of crude oil theft and pipeline vandalism in the next 20 years or more, the Federal Government has said. It also said that the Trans Niger gas pipeline...
- Posted July 25, 2013
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Oil thieves frustrate efforts to curb $7bn revenue loss
Crude oil theft, which is denying Nigeria about $7bn in revenue annually, has shown no sign of easing despite stakeholders’ efforts to stop it. In view of its effects on revenue generation and budget implementation, our correspondent...
- Posted June 30, 2013
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DPR seals up 20 fuel stations in Lagos
DailyPost has reliably gathered that at least 20 filling stations in Lagos state were on Thursday shutdown by the Department of Petroleum resources, DPR. This, it said was part of its efforts to curb sharp practices in...
- Posted March 8, 2013
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Power: Domestic obligation stalls FID on gas export
Focus on meeting domestic gas obligations is one of the reasons the Federal Government is unable to fast track the taking of final investment decisions, FID, on major gas export projects. For years government has dilly dallied...
- Posted February 19, 2013