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Nigeria to Increase Share of Offshore Oil Profits

Nigeria's Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, late Wednesday threw more light on why the Nigerian Government is proposing a review of the...

Will Nigeria’s Petroleum Industry Bill Increase Govt Revenues

Nigeria's Federal Government has approved the Petroleum Industry Bill (PIB), which as part of its provisions will provide for the unbundling of the Nigerian...

Nigeria’s Petroleum Industry Bill To Outlaw Gas Flaring By December

AFRICANGLOBE - The newly-drafted Petroleum Industry Bill (PIB), if passed by Nigeria's National Assembly, will mandate oil companies operating in Nigeria to stop flaring gas by the end of this year or risk paying fines.

The Merits of Nigeria's Petroleum Industry Bill

The Petroleum Industry Bill (PIB) combines 16 different Nigerian petroleum laws in a single transparent and coherent document. This is the first time that such a large-scale consolidation has happened anywhere in the world.

Pengassan Wants President Jonathan to Stop Petroleum Import and Gas Flaring

AS President Good Jonathan was yesterday swore in for a four -year tenure, workers in the nation's Petroleum industry have called on the President to ensure among other things, an end to importation of petroleum products and gas flaring in Nigeria.