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PIB Passage: 3 Days To Go! As HOSCON Insists On 2.5% Production Quantum, Not 10% Equity

Re-emphasizes Need for IOCs to relocate headquarters to Niger Delta Exactly three working days to June end deadline given by the...
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PIB: We Are Fully on Course – Sylva

The Minister of State for Petroleum Resources Chief Timipre Sylva says that efforts to ensure passage of the Petroleum Industry Bill (PIB) before the...
News

Lawan Assures Passage of PIB In May

The President of the Senate, Ahmad Lawan, has said that the National Assembly would pass the Petroleum Industry Bill (PIB) and the Electoral Amendment...
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PIB: S/South Governors Demand Increase In Host Community Trust Fund From 2.5% To 10%

From Segun Amure, (The New Diplomat's Abuja Bureau) South South Governors on Tuesday, demanded an upward review of the provision for oil host community Trust...
Business

PIB: Omo-Agege, Sylva, Amaechi, Keyamo, Others To Speak At Bill’s Colloquium

From Segun Amure, (The New Diplomat's Abuja Bureau) Deputy Senate President, Senator Ovie Omo-Agege,  Minister of State for Petroleum Resources, Timipre Sylva, Minister of Transport,...
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PIB: Oil Producing States Deserve More Than 2.5% Shares — Gov Diri

By Abiola Olawale Governor of Bayelsa State, Douye Diri, has said the oil-producing communities deserved more than the 2.5% equity shares proposed in the Petroleum...
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TROMPCON Urges Buhari To Inaugurate NDDC Board

From Ameachi Prosper (The New Diplomat's Delta State Correspondent) The Chairman of Traditional Rulers of Oil Producing Communities of Nigeria (TROMPCON), Delta State Chapter, HRM....
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