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If you listen to the current president of PENGASSAN, he also alluded to that in an interview recently. We all know that because Abuja is paying more than what we are paying in Lagos, and as of the time the price was pegged, the price of a barrel of crude .. ....
Stakeholders have emphasised the need to forge a path towards a brighter and more sustainable energy future for the oil and gas sector, as well as the nation. ....
.Says over 26 oil mining licenses divested in 10 years The Petroleum Natural Gas and Senior Staff Association of Nigeria (PENGASSAN) has raised the alarm over how some Nigerian oil companies are not adequately optimising assets that were divested to them by International Oil Companies (IOCs). PENGASSAN revealed that a lot of local companies produce […] ....
Osifo noted that for the government to stop subsidising petroleum, “The only reason the price will not move is when you are able to manage your exchange rate effectively and you are able to pump in supply and bring down the exchange rate. ....
The President, Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo, advised the Federal Government to focus on completing the Port Harcourt refinery rather than focus on the Dangote refinery. ....