PIB: Oil Firms To Pay Fine For Gas Flaring
Operators in the oil and gas sector involved in gas flaring will be expected to pay a yearly fine to the government for the offence, according to the Petroleum Industry Bill (PIB) before the National Assembly.
The...
Senate To Debate PIB October 20
The Senate will on October 20, debate the Petroleum Industry Bill (PIB) recently transmitted to the National Assembly by President Muhammadu Buhari.
Senate President Ahmad Lawan, made the announcement moments before the upper chamber adjourned plenary on yesterday.
According to Lawan,...