Tag: PIB
Osinbajo, Kyari, Others Meet Oil Majors Over PIB
Vice-President Yemi Osinbajo on Tuesday met with some stakeholders in the oil and gas industry in continuation of the Federal Government’s consultations ahead of...
NAPE Blames PIB for Drop in Investments and Stalled Projects in...
     …As $30bn oil sector projects await FIDExperts from the Nigeria Association of Petroleum Explorationists (NAPE) group blames PIB and have asserted that Nigeria’s...
PIB Guarantees More Gas-To-Power Infrastructure – Omo-Agege
Nigeria’s Deputy Senate President, Senator Ovie Omo-Agege, has said that more gas infrastructure required for power generation would be constructed in various parts of...
Oil Companies to Develop Host Community Plan – PIB
The New Petroleum Industry Bill (PIB) currently before the National Assembly has proposed that oil companies operating in some communities must develop community development...
Reps Commends NNPC Mgt for Great Strides in Gas Development
Nigerian House of Representatives Committee on Gas Resources has applauded the Nigerian National Petroleum Corporation (NNPC) for its achievements in the areas of gas...
Oil Companies to Incorporate Host Community Development Trust- PIB
Oil companies operating in Nigeria are expected to incorporate a host community trust for social and economic benefit from petroleum operations in the host...
New PIB Proposes Single Regulator for Midstream, Downstream Oil Sector
The Federal Government plans to set up Nigerian Midstream and Downstream Petroleum Regulatory Authority to regulate operators in midstream and downstream oil industry, under...
Nigeria’s New Regulator to Oversee Frontier Exploration in new PIB
Exploration of frontier basins shall fall under the purview of the Upstream Regulatory Commission, if the Petroleum Industry Bill, under consideration at the National...
NNPC Will Partner Media for Information Sharing on PIB – Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari said that the corporation will partner with the media to...
National Assembly Shifts Deliberations on PIB to 2021
The National Assembly has shifted deliberations on the Petroleum Industry Bill to the first quarter of next year, the Minister of State for Petroleum...
PIB Outlines Functions of New Agencies to Replace NNPC
A peep into the Petroleum Industry Bill 2020 shows a list of the specific functions the three agencies that would replace the Nigerian National...
NAPE President Commends NNPC for Intensifying Oil Search in Benue Trough
…says search in Benue attracting attention of IOCsAn expert has confirmed that the exploration of oil in the Benue Trough by the Nigerian...
High Costs, Contradictions Cloud Nigeria’s Outlook
Nigeria Outlook has clear oil exploration potential but government policy on the sector is unclear, with one option being a switch to gas.
Companies working...
Why Exploration Activities on Decline in Nigeria – Oguachuba
Beside the uncertainties created by the non-passage of the 20-year old Petroleum Industry Bill (PIB), the decline in exploration activities in the upstream sector...
Sylva Blames Lawmakers in the Delay Over PIB
The Nigerian Minister of State for Petroleum Resources, Mr Timipre Sylva has absolved the executive arm of government from the delay trailing the Petroleum...
PIB Will Lower Onshore Taxes for New Investments in Nigeria
The Minister of Petroleum Resources, Timipre Sylva has said that the proposed Petroleum Industry Bill (PIB) should include the significant lowering on onshore taxes...
Modular Refineries Insufficient To Address Nigeria’s Fuel Demand – Aiteo
The Managing Director (Downstream), Aiteo Group, Mr Ewariezi Useh has said that modular refineries sprouting in different parts of the country cannot be relied...
New NNPC Boss Vows To Ensure Passage Of Oil-Related Bills
Chibisi Ohakah, Abuja Â
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari has pledged to ignite a new...
Reps Pledge To Prioritize Passage Of Petroleum Industry Bill
Chibisi Ohakah, Abuja
The 9th National Assembly has pledged to give priority to the passage of the Petroleum Industry Governance Bill (PIGB) in order to...
PIB may be signed into law in June  – Kachikwu   Â
…denies rumours of NNPC, refinery sale
Chibisi Ohakah, Abuja
There are indications that the orchestrated Petroleum Industry Bill (PIB) may be assented to by President Muhammadu...
