The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday presented Nigeria’s first Gas Trading License and Clearing House and Settlement Authorisation to JEX Markets Limited, in line with the Petroleum Industry Act (PIA). The official presentation was done in Abuja by Dr Ekperikpe Ekpo, Minister of State Petroleum Resources (Gas), Authority Chief Executive, […]
The House of Representatives Ad hoc Committee on Decommissioning and Abandonment has faulted the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over alleged non compliance with provisions of the Petroleum Industry Act (PIA). The committee said poor enforcement of the law has continued to hinder proper […]
The House of Representatives has expressed deep concern over alleged violations of local content and tax laws by oil and gas companies operating in Imo State, and has resolved to investigate the matter. The resolution followed a motion moved during plenary by Hon. Chike Okafor (APC–Imo), who alleged that several oil firms had ignored the […]