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Petrobarometer
More than 1,000 youth under the aegis of the Onne Youths Council (OYC) on Tuesday staged a protest at Shell Nigeria Exploration and Production Company (SNEPCo) in Onne, Rivers state. [...]
The Human and Environmental Development Agenda (HEDA), a non-governmental organisation, has requested for an “immediate” amendment of the Deep Offshore and Inland Basin Production Sharing Contracts (PSC) Act. [...]
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Royal Dutch Shell says it will make final investment decision (FID) on the development of Nigeria’s Bonga Southwest deep water oilfield in 2019. [...]
President Muhammadu Buhari says his administration will look into the 13 percent derivation benefit to the Niger Delta region.[...]
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The senate has mandated its committee on petroleum resources (upstream) to investigate the alleged irregularities by Ibe Kachikwu, minister of state for petroleum resources, in the renewal of oil and gas leases to companies who do not pay royalties. [...]
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Mahmoud Yunusa, chairman, forum of finance commissioners, says the federation allocation accounts committee is working on stripping the Nigerian National Petroleum Corporation of its powers of collecting royalty from oil companies. [...]
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Over 100 days after the passage of the the Petroleum Industry Governance Bill (PIGB) by the national assembly, the bill has finally arrived at the desk of President Muhammadu Buhari for his assent. [...]
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