Reps Passes PIB, to pass electoral act amendment bill in the coming weeks
July 1, 2021 The House of Representatives on Thursday passed the long awaited Petroleum Industry Bill after considering and adopting the bill’s 318 clauses. Speaker of the House of Representatives,…
GMD NNPC to brief Senate on Thursday on certain provisions of the PIBÂ
June 30, 2021 Mr. Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), is expected to brief the Senate on Thursday on technical aspects of the Petroleum Industry Bill…
PIB: Senate to debate report Thursday – Lawan
June 29,2021 The Senate will on Thursday debate the report of its joint committees on Petroleum (Upstream, Downstream and Gas) on the Petroleum Industry Bill. Senate President Ahmad Lawan disclosed…
PIB faces more delay over demands for big changes from community leaders
June 24, 2021 A week before the latest deadline to pass Nigeria’s long-awaited oil overhaul bill, Petroleum Industry Bill (PIB), demands for big changes, including from community leaders seeking an…
FG earns over 1m euros from first recorded carbon credits sale through partnership – NAPIMS
June 9, 2021 Mr. Bala Wunti, Group General Manager, National Petroleum Investment Management Services (NAPIMS) says Nigeria has earned over one million euros from sale of carbon credits through its…
NNPC can no longer bear the monumental cost of N120bn Monthly Petrol subsidy –Â GMDÂ
The Nigerian National Petroleum Corporation (NNPC) says it pays N120 billion every month to subsidise Premium Motor Spirit (PMS), also known as petrol. NNPC Group General Manager (GMD), Mele Kyari,…
Oil industry losing investments to non-passage of PIB – Okowa
Delta Governor, Senator  Ifeanyi Okowa, on Monday said Nigeria’s oil industry had lost substantial investments due to delay in the passage of Petroleum Industry Bill (PIB). Okowa stated this when…
PIB: If you’re able to achieve it’s passage your name will be written in gold – Okowa to NASS
Gov. Ifeanyi Okowa of Delta, on Monday, said the nation’s oil industry had lost substantial investments due to delay in the passage of Petroleum Industry Bill (PIB). The governor stated…
Passage of PIB’ll unlock several midstream gas opportunities, enhance domestic gas utilisation – Sylva
Chief Timipre Sylva, Minister of State for Petroleum Resources, says the passage of the Petroleum Industry Bill (PIB) will unlock several midstream gas opportunities and enhance domestic gas utilisation. Sylva…
PIB will curb oil theft, pipeline vandalism, formalise relationship between IOCs, host communities – MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) says the Petroleum Industry Bill (PIB) should formally address issues between International Oil Companies and their host communities. Mr Tunji Oyebanji, Chairman,…