Dangote Refinery, Others To Buy Crude In Naira According To PIB     Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the Petroleum Industry Bill passed by the National Assembly on Thursday. Companies holding refining licences include Dangote...

Senate To Debate PIB Report Thursday       The Senate will, Thursday this week, debate the report of its joint committees on Petroleum (Upstream, Downstream and Gas) on the Petroleum Industry Bill (PIB). Senate President Ahmad Lawan disclosed this on Tuesday after the chairman of the panel, Senator...

PENGASSAN Pushes For Investor-friendly PIB       The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the National Assembly to pass a balanced and investor-friendly Petroleum Industry Bill (PIB). The National President, PENGASSAN, Festus Osifo, disclosed this at the PENGASSAN Total Exploration and Production...

PIB To Be Passed This Month - Lawan       The long-awaited passage of the Petroleum Industry Bill (PIB) may be around the corner as the Senate President, Ahmad Lawan has said that the bill would be passed into law this month. He made this known at the...

PIB Faces Another Hurdle As Senate Recieves Fresh Petition       Nigerians in diaspora, under the aegis of Isoko Association of North America, have petitioned the Senate President, Ahmed Lawan, over the Petroleum Industry Bill, alleging that the document would worsen the already-cold relationship between oil companies...

FG Insists PIB'll Resolve Oil Sector’s 70-Year Underdevelopment       The federal government has said that when passed, the Petroleum Industry Bill (PIB) will resolve most of the knotty issues that have hindered the development of the oil and gas sector in the country since the 50s. Speaking...