The reason IOCs are against the PIB – expert

The Executive Director, A-Z Petroleum Products Kenya Limited, Prof Charles Ofoegbu, has noted that the International Oil Companies, IOCs, are fighting the passage of...

Ministry of Power insists on transparent, productive review of Electricity Act

The Ministry of Power has said its planned review of Nigeria’s almost eight years old Electric Power Sector Reform, EPSR, Act is intended to...

NCDMB faults Total, Samsung over $15bn Egina project

The Nigerian Content Development and Monitoring Board has faulted Total Upstream Nigeria Limited and Samsung Heavy Industries over non-compliance with the Nigerian Content Act...

Senate calls off zonal public hearings on PIB

The Joint Senate Committee on Petroleum Industry Bill (PIB) has called off its initial plan to hold public hearings in three zones of the...

NEITI reiterates stance on authenticity of its report

The Nigeria Extractive Industries Transparency Initiative (NEITI) Monday affirmed its stance on the authenticity of its recent  audit report on the activities in the...

Governors snub international oil companies over PIB

State governors have turned down moves by the International Oil Companies to prevail on them to influence the National Assembly not to pass the...

Ownership structure of Discos may result in conflict of interest, in-fighting

The ownership structure adopted for the Power Holding Company of Nigeria’s distribution companies  (Discos) under the power sector privatisation may result in conflict of...

Senate summons Halliburton, Shell, others over violation of expatriate laws

Some major multinational oil exploration and construction companies, including Halliburton and Shell, would be appearing before the Senate over violation of expatriate regulations. The erring...

FG set to begin online registration of businesses; expands 24 hour business registration across...

The Ministry of Industry, Trade and Investment  has said it has concluded plans to ensure that Nigerians in Diaspora and foreigners planning to register...

PIB hearing: PENGASSAN, NUPENG fault Senate over exclusion

Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria and the National Union of Petroleum and Natural...

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