(Special Report) BPE opens eyes of Nigerians on why PIB may not fly under Buhari
Nigerians who are hoping to see the nation’s oil and gas industry truly librelised and the Nigerian National Petroleum Corporation (NNPC) privatized to deepen private investments may need to wait till after the end of the current administration in power….
Only synergy, local content’ll grow Nigeria oil & gas industry—Ayuk, AEC boss
Visiting Executive Chairman of the African Energy Chamber (AEC) and Centurion CEO, NJ Ayuk, with a handful of industry delegation to Nigeria on Wednesday in Lagos, have called for more industry collaboration on key issues pertaining to Nigeria’s oil &…
As Nigeria drags on, Ghana approves local content driven downstream oil policy
At a time both local and international stakeholders’ are calling on the Federal Government of Nigeria to give petroleum sector reforms being powered by Petroleum Industry Bill (PIB) the needed speedy attention, Ghanaian government has approved a new Downstream Petroleum…
Dangote Refinery won’t sell fuel at government regulated price—Minister
Minister of State for Petroleum Resources, Dr Ibe Kachukwu has revealed that the emerging 650,000bpd oil refinery in Lagos, is not coming to sell Premium Motor Spirit (PMS) popularly called petrol or any of its products at government regulated prices….
Oil marketing stakeholders’ object single industry regulator proposed in PIGB
Just as the nation awaits the remaining bits of Petroleum Industry Bill (PIB), oil marketers’ under the aegis of the Major Oil Marketers Association of Nigeria (MOMAN) and Depot and Petroleum Products Marketers Association of Nigeria (DPPMAN) and others have…
Onovo picks holes in passed PIGB, says it’ll be very expensive to implement
Whereas many Nigerians have welcomed the very first segment of the Petroleum Industry Bill (PIB) which is called the Petroleum Industry Governance Bill (PIGB) being passed by the 8th Senate, Thursday last week, critical industry experts have started picking holes…
Fear of exposing expatriates to pollution hazards behind non-relocation of IOCs— Reports
A report released by the Business Hilights Economic Research Team (BHERT) on Monday in Port Harcourt after one week of intelligence gathering on why International Oil Companies (IOCs) in oil communities have shown that the reason behind the rejection of…
How newly passed PIGB’ll ‘Change’ activities in the Industry—BH FrontPage
The first segment of the Petroleum Industry Bill (PIB), the Petroleum Industry Governance Bill (PIGB) has just been passed by the 8th Senate, Thursday last week. This means that the tortuous journey of the emerging law at the National Assembly…
Worst disruptions in oil communities over, we look ahead to 2.2mbpd soon—Oando
Relying on the sustained peace in oil producing communities since the visit of Acting president some months ago, the chief executive of Oando Plc is upbeat that production could reach 2.2 million barrels per day (bpd) by the end of…
How IOC’s lobbying is grounding lawmakers’ national interest in passage of PIB—-BH Report
New report released by Business Hilights Research Team (BHRT) has fingered the unseen forces apparently operating from the camp of International Oil Companies (IoCs) as the stumbling block in the passage of the Petroleum Industry Bill (PIB) at the National…
