Hot chase for Nigeria’s Light Crude by Indian refiners

Mozambique is harvesting the gains of having clear legal and fiscal frameworks that drive transparency and attract foreign investors as Nigeria’s Petroleum Industry Bill’s journey to becoming a law remains uncertain several years after it was first initiated. Energy multinationals including Total, Mitsui, ONGC, PTTEP, Eni and ExxonMobil have already invested more than $20 billion […] Read Full Story

The Petroleum Industry Bill (PIB) has continued to receive knocks from industry operators who see it as a document that contains poor strategies that may not take Nigeria’s oil and gas industry to the next level of development. For instance, the document falls short of addressing renewable energy at a time the world is moving […] Read Full Story

Worried by the steady rise of crude oil prices, oil marketers have called for a collective approach to mitigate the effect of subsidy removal, saying the impact could be devastating on the most vulnerable in the society. To achieve this, the oil marketers said there is need for a national discourse among all stakeholders including […] Read Full Story