Nigeria lost an estimated $50 billion worth of oil and gas industry investments in ten years as a result of stagnation in the industry occasioned by...
Sylva to speak on subsidy, NNPC unbundling today Minister of State for Petroleum Resources Timipre Sylva has said fuel subsidy will not be removed for now...
The signing of the Petroleum Industry Bill (PIB) into law by President Muhammadu Buhari does not mean automatic removal of the Premium Motor Spirit (PMS) subsidy,...
President Muhammadu Buhari has signed the Petroleum Industry Bill (PIB) 2021 into law. A statement by the President’s Special Adviser on Media and Publicity, Femi Adesina,...
The Nigerian National Petroleum Corporation has announced the disengagement of its Chief Operating Officer, Gas & Power, Engr. Yusuf Usman, in a major shakeup. The corporation’s...
Senate President Ahmad Lawan on Tuesday constituted the conference committee on the Petroleum Industry Bill. The members of the conference committee are Senate Leader Yahaya Abdullahi...
…reject PIB’s 3% oil profit share for host communities The Southern Governors’ Forum rose from a meeting in Lagos on Monday with a resolution that no...
The Senate on Thursday finally passed the Petroleum Industry Bill shortly after the lower house had also passed it for third reading. The bill has been...
The Senate on Tuesday received a report on the Petroleum Industry Bill (PIB) and plans to consider it on Thursday. It was laid before the Senate...
Deputy President of the Senate, Senator Ovie Omo-Agege, has said Nigeria has lost $235 million due to the long delay in the passage of the Petroleum...
