Minister of State for Petroleum Resources Dr. Ibe Kachikwu on Thursday said the federal government is vigorously driving the process for the passage of the various component of the Petroleum Industry Bill (PIB) as part of efforts to ensure stability of the environment oil majors and other stakeholders operate. Kachikwu said efforts are on to unveil the new national gas … Read More
Expert to Buhari, Pass PIB and Privatise Refineries
Following Nigeria’s descent into an economic recession that has been widely ascribed to low turnover in the oil and gas sector, experts in the sector have identified ways the federal government can quickly get the economy out of recession. The experts who spoke with THISDAY yesterday in Abuja, explained that Nigeria could be long on the recession if the federal … Read More
Ghana Pass Petroleum Industry Bill into Law
Ghana’s Parliament has given its approval to the Petroleum Production and Exploration Bill on. The law, which will regulate the nation’s oil sector, comes 9 years after Ghana discovered oil. Emmanuel Kofi Buah, Energy Minister, said that even though the PNDC Law 84 which had regulated the industry has been helpful, the new phase the nation has entered in terms … Read More