DOWNSTREAM OPERATORS WANT CRUDE REFINING POLICY

Stakeholders in the downstream subsector of Nigeria’s petroleum industry have stressed the need for a national refining policy, which defines the framework for encouraging investment in petroleum refining in Nigeria.

 

The stakeholders at the Ninth Oil Trading Logistics Africa Downstream Week 2015 held in Lagos, said the move would facilitate increased national revenue and infrastructure development

 

Read more @ Punch Online

LABOUR UNIONS IN FRESH WAR WITH FG, IOCs

The two major labour unions in the petroleum industry – the Nigeria Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria, are currently on warpath with the Federal Government and International Oil Companies over unresolved differences at a stakeholders’ forum held in Abuja on Tuesday.

The session which ended abruptly in the late hours of Tuesday, saw labour unionists walking out on government officials and IOC representatives.

Read more @ The Punch