PwC harps on importance of quick passage of PIB
Until the Federal Government passes the Petroleum Industry Bill (PIB), regulatory uncertainty will continue to hinder the development of the Nigeria’s oil and gas sector, according to a Price Waterhouse ...
NIMASA reads riot act to oil firms
The Nigerian Maritime Administration and Safety Agency (NIMASA) has expressed concerns about the flagrant disregard for the cabotage and environmental laws by some International Oil Companies ...
Nigerian vessels to get first consideration in crude oil lifting
Succour is around the corner for indigenous ship owners in the country, as the industry regulators expressed commitments to enforce the provision of a special consideration for Nigerian vessels in the contracts for crude oil lifting.
Uganda to adopt Nigeria’s oil sector local content policy
With positive assessment of its implementation in Nigeria, Uganda may adopt the country’s oil sector local content policy, as the East African nation prepares to leverage on petroleum industry to rejig its economy.