Oil communities talk tough on 10% equity, warn of resumed hostilities
The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) has advised the Federal Government against killing the Petroleum Industry Bill (PIB), insisting that it would not settle for anything less than 10 per cent equity.
HOSTCOM tasks IOCs on specific commitment to end gas flares
HOST Communities Producing Oil and Gas in Nigeria (HOSTCOM) has tasked international oil companies (IOCs) to make specific commitment to end gas flaring in the country.
Trouble for PIB as host communities insist on 10% equity share
Indications have emerged that the Petroleum Industry Bill (PIB) may suffer setback if the Federal Government fails to approve the 10 per cent of operational gains being demanded by the Host Communities of Nigeria Producing Oil and Gas (HOSTCOM.)
Behold, more ‘writings on the wall’
On September 13, 2020, on this page, I looked into the seeds of time again and reported some revelations from an oracle that I should recast my (February 16, 2020) message to the authorities here.
Oil communities, stakeholders reject PIB as Senate promises speedy passage
The much-awaited Petroleum Industry Bill (PIB), yesterday, suffered a setback, as major stakeholders rejected the provisions for host communities’ equity and investment prospects.
Oil producing communities charge Wike to establish RISOPADEC
Oil producing communities in Rivers State have charged Governor Nyesom Wike to establish the Rivers State Oil Producing Areas Development Commission...
NNPC says no new gas policy without zero flare
The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Dr Maikanti Baru, says no new gas project will be approved without zero gas flare modalities.
Delta government, host oil communities hold town hall meeting
All oil and gas producing areas in Delta State, working on the platform of Host Communities of Nigeria (HOSTCOM), have enjoined the people to vote for competent and result-oriented candidates.
Oil firms may have to draw up new MoUs, says Delta HOSTCOM boss
Oil and gas producing companies in Delta State may have to draw up new memoranda of understanding (MoUs) with host communities. This was stated by the newly sworn in Delta State chairman of the Oil and Gas Producing Host Communities (HOSTCOM), Evangelist Gabriel Isibeluo. He also declared his intention get them to relate with their…