The Senate on Thursday passed the much anticipated Petroleum Industry Bill (PIB) after 17 year of consideration: The bill has been passed as the Petroleum Industry...
By Chioma Obinagwam An amendment of the Nigeria LNG Limited (NLNG) (Fiscal Incentives, Guarantees and Assurances) Act without following the laid down process stipulated in the...
By Chioma Obinagwam With growing concern on the present realities in the gas-to-power industry in the nation, the Nigerian Gas Association (NGA) is set to organise...
accuses DISCOs of excessive billing The Senate during plenary on Tuesday agreed to review the excessive the billing system of all distribution companies in the country....
The Bonga oil field has produced about 702 million barrels of oil since inauguration in 2005, and operated at more than 92 percent availability in 2016,...
Threatens legal action Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to the Minister of Power, Works and Housing, Babatunde Fashola, SAN requesting...
Nigeria to lose prospective 18000 jobs By Chioma Obinagwam Stakeholders have, once more, condemned the move by the National Assembly (NASS), Nigeria’s Law making body’s proposed...
The Petroleum and Natural Gas Senior Staff Association of Nigeria and a subsidiary of United States-based ExxonMobil Corporation, Mobil Producing Nigeria Unlimited, have reached an agreement...
The Nigerian National Petroleum Corporation (NNPC) has opposed the suit filed by the Managing Director of Capital Oil and Gas Limited, Ifeanyi Ubah, seeking to be...
Iraq replaced Saudi Arabia as top crude supplier to India in April as refiners moved to boost their processing margins by purchasing the cheaper Basra Heavy...