Petroleum Industry Bill (PIB)

President Muhammadu Buhari has lamented a loss of $50bn worth of investments in the petroleum industry since 2011 due to the absence of the...

President Muhammadu Buhari has approved a committee to immediately commence the implementation of the Petroleum Industry Act (PIA).The steering committee, which has 12 months...

President Muhammadu Buhari has signed the Petroleum Industry Bill (PIB) into law.Buhari assented to the bill on Monday, according to Femi Adesina, his spokesman.In...

The Senate has passed the Petroleum Industry Bill known as PIB.The bill was passed during the plenary on Thursday after careful consideration of each...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has arrived the National Assembly premises ahead of his meeting with...

The Senate and the House of Representatives are to consider the report on the Petroleum Industry Bill, 2021, tomorrow, Thursday.Senate President, Ahmed Lawan announced...

The Senate will on Thursday debate the report of its joint committees on Petroleum (Upstream, Downstream and Gas) on the Petroleum Industry Bill.Senate President...

The new Petroleum Industry Bill (PIB) before the National Assembly is proposing the revocation of licenses for oil and gas companies who neglect their...