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Petroleum Industry Act (PIA)

Executive Order 9 will Undermine PIA, Threatens Oil Sector Stability – PENGASSAN

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PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria has warned that the Federal Government’s Executive Order No. 9 of 2026 will undermine the Petroleum Industry Act and threaten stability in the oil and gas sector, describing the directive as a direct challenge to the existing legal framework guiding the industry. Speaking at the […]

Nigeria Demands Concrete Action from Oil Majors as 2.5mbpd Output Target Looms

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SAMUEL MOBOLAJI Nigeria is intensifying its push for measurable growth in crude oil production, urging international oil companies and indigenous operators to move beyond pledges and deliver tangible results as the country targets an ambitious output of 2.5 million barrels per day by 2027. The call comes against the backdrop of persistent underperformance, with average […]