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Oil & Gas

Reps: PIB to be passed in March

Barely 24 hours after the Petroleum Industry Bill (PIB) scaled the second reading, the House of Representatives has said the bill would be passed latest by the end of March next year. Speaking at the inaugural meeting of the Ad Hoc Committee on the PIB yesterday, the Chairman of the …

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Nigeria signs MoU to import fuel from Niger Republic

The Nigerian government, through the ministry of petroleum resources, has signed a memorandum of understanding with the government of Niger Republic for petroleum products importation. According to a statement released by the ministry, Soraz Refinery in Zinder, Niger Republic, has an installed refining capacity of 20,000 barrels per day compared …

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