President Muhammadu Buhari has blamed past administrations for an estimated loss of $50 billion worth of oil and gas industry investments due to their failure… Read More »Past Administrations Responsible For $50bn Oil Investment Loss – Buhari
The opposition Peoples Democratic Party (PDP) has carpeted President Muhammadu Buhari for signing the Petroleum Industry Bill (PIB) into law despite the clamour against it… Read More »By Signing PIB Into Law, Buhari Has Disrespected Nigerians – PDP
President Muhammadu Buhari has signed into law, the Petroleum Industry Bill (PIB) recently passed by the National Assembly. This was confirmed in a statement on… Read More »President Buhari Signs Petroleum Industry Bill (PIB)
Following outcries on the passage of the Petroleum Industry Bill (PIB) and the Electoral Amendment Bill, the House of Representatives has pledged to always protect… Read More »PIB, Electoral Bill: Reps pledge to protect Nigerians’ interest
The Niger Delta Revolutionary Crusaders (NDRC) have threatened to resume attacks on oil facilities in the Southsouth over the recently passed Petroleum Industry Bill (PIB). The… Read More »Niger Delta Militants Threaten Renewed Attacks On Oil Facilities
The House of Representatives on Thursday dissolved into an emergency executive session over contending issues on the Petroleum Industry Bill (PIB). The Senate had earlier… Read More »PIB: Reps In Emergency Executive Session
The Federal Government says it is targeting Nigeria’s dominance of the oil and gas market in the West African region with its ongoing Refinery Revolution… Read More »FG targets Nigeria’s dominance of West African oil, gas market
The Minister of State for petroleum, Timipre Sylva has announced that the controversial petrol subsidy regime in Nigeria will end totally as soon as President… Read More »Sylva Reveals When Fuel Subsidy Will End
Mike Sangster, Managing Director, Totalenergies PLC, has commended the Federal Government and the National Assembly for the passage of the Petroleum Industry Bill (PIB). Sangster… Read More »TotalEnergies, others commend FG on passage of PIB
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has commended the National Assembly for the inclusion of the Petroleum Equalization Fund (PEF) in the newly… Read More »IPMAN commends NASS for inclusion of PEF in PIB
The Petroleum Industry Bill (PIB) has been passed into law many years after its presentation. The bill was passed into law on Thursday (today) by… Read More »Reps Pass PIB Into Law
A new report by Financial Derivatives Company Limited (FDC) has indicated that Nigeria’s oil and gas industry loses as much as $15 billion in investments… Read More »Nigeria Loses $15bn Investments Annually to Non-passage of Petroleum Bill: Report
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Petroleum Industry Bill (PIB) currently before the National Assembly will guarantee a robust… Read More »PIB Will Guarantee Robust Upstream Fiscal Framework — Sylva