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Tag "frontier exploration fund"

30% frontier exploration not from NNPC profit… energy analyst clarifies five misconceptions in PIA

The signing into law of the Petroleum Industry Bill (PIB) by President Muhammadu Buhari has continued to elicit different reactions from industry players and stakeholders from the host communities. While

Rep: Why lawmakers increased frontier basin exploration fund to 30%

Uju Kingsley Chima, a lawmaker representing Ohaji-Egbema/Oguta/Oru West federal constituency, says the 30 percent allocation for oil exploration will benefit all Nigerians. Chima, who was also a member of the

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