PIB: Senate begins a 2-day public hearingÂ
The Senate on Monday commenced a two-day public hearing on the Petroleum Industry Bill, PIB. The PIB has lingered in the National Assembly for nearly twenty years with previous assemblies…
PIB: We need find, agree on cheaper means of producing oil – Osinbajo oil and gas stakeholdersÂ
Stakeholders in the oil industry need to find and agree on cheaper means of producing oil while also ensuring a more competitive environment that meets the needs and purposes of…
PIB: Power to revoke licenses of oil firms over neglect of host communities rests with Petroleum Resources minister
The new Petroleum Industry Bill (PIB) before the National Assembly is proposing the revocation of licenses for oil and gas companies who neglect their obligations to the host communities. The…
New PIB mandates oil companies to address needs of host communities
The New Petroleum Industry Bill (PIB) currently before the National Assembly has proposed that oil companies operating in some communities must develop community development plan to ensure their economic growth….
PIB: Oil companies to develop host community development plan
The New Petroleum Industry Bill (PIB) currently before the National Assembly has proposed that oil companies operating in some communities must develop community development plan to ensure their economic growth….
BREAKING: Buhari To Submit 2021 Budget Next Week – Senate
President Muhammadu Buhari is expected to submit the 2021 budget to the Senate next week. Senate President Ahmed Lawan disclosed this while delivering his welcome address to legislators at plenary…
FG postpones PIB passage, says will pass Bill before year end- NNPC
Nigeria has postponed its long-awaited Petroleum Industry Bill (PIB) due to the COVID-19 pandemic but will pass it before the end of the year, the head of state oil…
Local production: FG begins overhaul of refineries to meet 2023 target, calls for more investment
The  Federal Government on Thursday said it had begun the overhauling of its refineries commencing with the Port Harcourt Refinery to achieve its 2023 target of ensuring that local refineries…
You have the duty to make us accountable – Kyari tells NGE
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has urged members of the Nigerian Guild of Editors (NGE) to join effort to keep the…
Saraki Pledges Passage of All Pending Critical Bills Before the Expiration of its Tenure, as British Envoy Pays Visits
The British Deputy High Commissioner to Nigeria, Harriet Thompson, has urged the National Assembly to pass the Petroleum Industry Governance Bill (PIGB) and other critical bills…